January 2, 2009 in Economic chaos, Markets, Personal Finance, credit, employment, news
Tags: bankruptcy, business, credit, credit card, credit card rates, Economic chaos, economy, finance, foreclosure, intervention, lending club, loan, loans, Markets, money, mortgage, politics, rates, Red Plague, refi, refinance
A summary of the Lending Club services and processes.
January 2, 2009 in Economic chaos, Markets, Personal Finance, credit, employment, news
Tags: bailout, bankruptcy, business, credit, credit card rates, economy, finance, foreclosure, government, intervention, loan, loans, Markets, money, news, Red Plague, unemployment
Congrats to Chip for taking such a dire subject and injecting a sense of humor and a bit of hope.
From our perspective at MoneyAssistant.org there is a ton of pain ahead. In addition to expected spikes in unemployment and further underemployment, tightened credit and higher interest rates, and expected deficits at all [...]
January 2, 2009 in Economic chaos, Markets, Personal Finance, credit, employment, news
Tags: bailout, bankruptcy, business, Depression, Economic chaos, economy, finance, foreclosure, government, intervention, money, news, politics, Red Plague, unemployment
An analysis of some key components of the Great Depression
January 2, 2009 in Economic chaos, Markets, Personal Finance, credit, employment, news
Tags: bailout, bankruptcy, business, credit, Economic chaos, economy, finance, government, intervention, loans, Markets, money, news, optimism, paulson, politics, Red Plague, thoughts, unemployment, wall street
See the original article:
The author is right on target!!
With real unemployment continuing to rise, corporate and private bankruptcies spiking, earnings levels eroding tremendously, asset values tumbling, and credit severely restricted, the “tide” must first recede before it turns and begins to improve. Things are continuing to get worse. Thus, they can not, [...]
January 2, 2009 in Economic chaos, Markets, Personal Finance, credit, employment, news
Tags: bailout, bankruptcy, bernacke, business, credit, credit card, credit card rates, Economic chaos, economy, finance, government, intervention, legislation, Markets, money, news, people, politics, Red Plague, refinance, unemployment, wall street
Two Wall Street Journal columns jump from their website today:
After Dow’s Collapse, Guarded Hope
After the U.S. stock market’s third-worst year in more than a century, many investors are hoping for a turnaround in 2009. But considering the pain that has continued for more than a year, they are reluctant to bet on it.
Stimulus Versus Recession