Money Articles & Videos » Crash

Dollar, credit ratings, China, short-term debt

admin — Fri, 23 Jul 2010 01:04:32 +0000

Schiff Report Video Blog July 12th 2010

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Guest Post - Which Debt Reduction Method Should I Use? - NCN This will be the last guest post of this week, as we are coming back from vacation this weekend. Today's guest post is from No Credit Needed, one of my favorite blogs! I have been writing about debt and debt reduction for more than two years. Before you decide to......

Hard Credit Inquiries and Mortgage Rates Every so often I get an email from readers or friends about credit and credit scores. With the economy recovering, a lot of credit cards are offering large signup bonuses for new cardmembers and they’re very tempting. Open up a card, spend some money, and get a statement credit of......

Subscriber Swap Saturday With No Debt Plan Happy Saturday my friends. I want to introduce you to a fantastic blog called No Debt Plan. My friend Kevin runs this blog and has a been doing a great service to personal finance readers for some time called the Subscriber Swap Saturday. No Debt Plan is about getting and......

Save Some Money - Make Sure You Have A High Deductible Insurance Policy. When carrying insurance, it is always the smart thing to do to make your deductible as high as you feel comfortable with. This reduces your monthly expenditure and frees up a few bucks for paying down debt or saving. On our car insurance, we carry a $500 deductible, meaning we......

America’s Ticking Debt Bomb: Like Greece, Only Worse – Michael Pento

admin — Wed, 30 Jun 2010 01:38:07 +0000

America’s Ticking Debt Bomb: Like Greece, “Only Worse,” Pento Says Posted Jun 24, 2010 08:58am EDT America’s debt bomb is ticking and is likely to detonate in five years or less, says Michael Pento, senior market strategist at Delta Global Advisors. “It could be much sooner when we hit the debt wall,” Pento says. “My opinion doesn’t matter: Math tells me we’re in a serious problem.” The math Pento refers to is the Treasury Department’s recent estimate that total US debt will top .6 trillion this year and rise to 102% of GDP by 2015. Moreover, the publicly traded debt (debt excluding intra-governmental obligations) will rise to trillion by 2015, up from “just” .5 trillion in 2009. At trillion, the interest payments on the public debt will total about trillion in 2015, he continues; even assuming solid growth and low inflation, that would equal about 30% of total government revenue. “What do you think that does to our bond market?,” Pento wonders. “It leads to a dollar crisis and a bond market crisis. That’s why gold refuses to go down. ” Demand for US Treasuries and the dollar currently remain high, especially in the wake of the euro’s slow-motion implosion. Pento admits timing this debt crisis is difficult but predicts we’ll be “like Greece, but worse,” in four years or less, unless we make a sudden turn toward austerity. “When we hit the debt wall it’s going to be extremely pernicious, and quickly.”

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20 Funny ETF Ticker Symbols That Will Never Exist Now that the investing world is moving towards a world of total ETFification, I think it's time we begin giving these fee generating, cash cows catchy ticker symbols that we can actually remember. The easiest way, in my opinion, is to associate each sector or macro investing goal with commonly......

95 Finance Lectures Everyone Should Listen To Even if you know more than the average person about finance, there are undoubtedly a few areas where you could expand your knowledge. Luckily, education on finance is easier than ever to come by with a little help from the Web. This collection of lectures will have you becoming an......

The World's Most Successful Depression-Era Investor I subscribe to a lot of newsletters. One of them Capital & Crises by Chris Mayer had a very interesting write up on John Maynard Keynes: You probably know John Maynard Keynes as an economist, but may not know that he was also a great investor, maybe the most the......

Player Profile: Vijay Singh Brief Bio - Vijay "the big Fijian" Singh was born the 22nd of February, 1963 in Lauoka, Fiji, and grew up in Nadi. His name meaning victorious lion, Singh learned golf from his Father and is well know for his careful planning and attention to every detail of every shot.......

Interest Rates, Tax Credits, Schiff For Senate Money Bomb

admin — Sun, 20 Jun 2010 01:20:46 +0000

Interest Rates, Tax Credits, Schiff For Senate Money Bomb

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Saving Money with Your Credit Cards pt 2 Continued from part 1... Another type of credit card that you can use to save money is one that offers frequent flyer miles or air fare rewards. Airfare is expensive, and if you fly relatively frequently then you are probably well aware of how expensive it can be to fly.......

Using Credit Cards to Make More Money When it comes to credit cards, most of us think of them as a way to get things we really want right now. We may not actually "need" these things, but we sure do want them. Whether it's a new couch, a new stereo or even a new wardrobe, we......

Credit Cards Just Loans Wrapped In Pretty Plastic Last weekend my daughter and I had a talk about credit cards after she saw me use my debit card at the store. Here's a sample of our exchange: Her: "Dad, I thought you weren't supposed to buy stuff with credit cards." Me: "That's true, but that was a debit......

FRAUD CREDIT CARD USED AT SHELL GASTATION ON MAIN ST

admin — Thu, 20 May 2010 22:34:42 +0000

DV-101 NOV 03 1998 VANCOUVER FRAUD WITH CREDIT CARD AT SHELL GASTATION ON MAIN ST

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Present Value and Future Value - Understanding the Difference In macroeconomics, two important financial structures are the present value and future value. Below is a discussion describing the two structures, and how they differ from one another. Present versus future value is analogous to the concept that today's dollar will be worth more in the future. This concept is......

Debt reduction, saving, and investing: Which when? Figuring out what to do with your income is fundamentally what budgeting is all about. If you don't have consumer debt, the choice, once you've accounted for expenses and charitable giving (including tithes), the money is either saved or invested. Just put the money to good use working for you.......

Eliminating Credit Card Debt For Dummies There are many different types of debt, some good, most bad. Credit card debt is decidedly in the "bad debt" territory, just behind payday loans and title loans. Approximately 73% of all American households possess a credit card, with the average credit card debt of households with at least one......

Chase doesn't really love me they just act like it Â I just hung-up the phone with Chase after once again trying to request a rate reduction. I called them as almost weekly I receive convenience check offers and balance transfer offers from them for 0% and 4.99%. The cover letters always begin with "A special offer for a valued......

Money as Debt II Promises Unleashed (8 of 8)

admin — Fri, 06 Nov 2009 02:16:48 +0000

Quick easy way to accumulate silver silversnowball.com Bailouts, stimulus packages, debt piled upon debt, where will it all end? How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt!

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How to Create Wealth With Debt On the surface, this seems like an oxymoron. How could you possibly use debt to create more money? It actually isn’t an oxymoron, but you’re going to need to change your perception of debt and classify into two different categories for this to make sense. There are many ways that......

Sunday Money Roundup - I Cannot Believe It Is Almost 2008 Edition. Didn't we just start 2007? I remember when I was a kid that summer lasted for what seemed like years...and the school year lasted even longer. Scary. Anyway, I started this site November 10, 2006 so it is a little over 1 year old. I have written over 650 posts......

Homeowner Mortgage Rescue Plan: Unanswered Questions Lots of people are upset about the $75 billion that President ("watch me sink the markets") Obama wants to transfer from responsible homeowners and taxpayers to "at-risk" homeowners. I haven't yet solidified all of my feelings about it, but they are mostly negative. My thoughts range from "what did you......

Green Reading Gift Ideas from EcoBrain.com This holiday season consider giving the gift of a book, but rather than a traditional book that is made from trees and uses fuel to deliver, consider an EcoBrain eBook - the green reading choice. eBooks are instantly downloadable and readable on your desktop. No special equipment is needed for......

Money as Debt II Promises Unleashed (4 of 8)

admin — Wed, 04 Nov 2009 02:54:49 +0000

Quick and easy way to accumulate silver silversnowball.com Bailouts, stimulus packages, debt piled upon debt, where will it all end? How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt! Money as Debt II Explores the baffling, fraudulent and destructive arithmetic of the money system that …

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Getting Out of Debt 103 Debt Elimination Step #3 - Finally, you have to implement what is known as a debt snowball. The third and final step of this process, implementing a debt snowball, is a step that could easily require several years depending on how much debt you are dealing with. Once you have......

Top 7 Money Making Ideas To Make Easy Money Online money making ideas,easy money,make money online,work at home,money,ideas,advice,tips,make money Article Body: If you are looking for ways to make easy money online, here are the top 7 money making ideas you may consider. 1. Create Website or Make Blog By sharing your knowledge, expertise, hobbies, experience and interests, you can......

Secret Powerful Yet Simple Making Money Online Business Plan. Hello everybody Yevgeniy is here today and in this article I would like to show you secret powerful yet simple making money online business plan you can start easily and simply today. This powerful and very simple making money online business plan is responsible for making thousands of people very......

Best Reads of the Week: the 'Moving On Up' Edition In true self-deprecating humor fashion, I often insinuate that I created this blog just for fun or a way of venting all of the financial knowledge I've collected over the last 15 years so it doesn't erase some important memories from my childhood. After all, I've invested a lot of......

Money as Debt II Promises Unleashed

admin — Sun, 25 Oct 2009 02:04:14 +0000

cosmichours.blogspot.com Sequel of the Master Piece Money as Debt by Paul Grignon

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Is Debt Anti-God? As I often do, I was surfing through some fellow blogger posts. I came across a question posed on Debt Free Adventure Should one pay off their 20 year remaining student loan, fixed rate below 3%, or use the money to aggressively pay a higher interest mortgage? There is no......

Debt is Slavery Book Review I recently picked up a copy of Debt is Slavery: and 9 Other Things I Wish My Dad Had Taught Me About Money by Michael Mihalik. There were a couple things that intrigued me about this book. First, I like the title, because I hate the idea of being a......

Paying off Debt in 9 Steps pt 2 Part two in the series on paying off debt: Throwing away your bills and shredding your credit card payment reminders simply is not going to make the problem go away. Debt is going to hover over you until you find a way to deal with it. Interest will continue to......

Getting Out of Debt Quickly pt 2 This is part 2 of a 4 part series on getting out of debt quickly. Make sure that you read all four parts in order to get the most out of this sequence of hints on getting yourself or your family out of the debt trap. Next you are going......