more about “Joseph Stiglitz says, “We are headed …“, posted with vodpod
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Humor, Inflation, Interest Rates, Investing, Joseph Stiglitz, Middle Class, MoneyBob Postings, economics | Tagged: economics, Economy, Joseph Stiglitz, stiglitz | Leave a Comment »
more about “Robert Prechter sees “The Biggest Bub…“, posted with vodpod
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The percentage of loans that were in foreclosure or behind at least one payment hit 15.02%, the most since MBA’s records began in 1972. Foreclosures will likely stay high in 2010. Real estate Web site Zillow.com recently said one in five homeowners were underwater in Q4!! 4.5 million foreclosure filings are expected this year, up [...]
Filed under: Credit Crunch, Debt Management, Deflation, Economy, Foreclosure, Middle Class, Mortgages, Saving, Thoughts, Work, economics | Tagged: adjustable loans, adjustable mortgages, Debt, Foreclosures, home, Housing, housing bubble, Mortgage Debt, Mortgages, Recession, U.S. National Home Price Index | Leave a Comment »
There’s been many letters and symbols used over the last year to describe the shape of the U.S. economic recovery. There’s the strong V-shaped recovery; the square root shaped recovery to connote a strong recovery followed by a period of flat to no growth; and the W-shaped recovery favored by those believing in a double [...]
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What does the FDIC do? The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for up to $250,000 (through December 31, 2013). What are the basic FDIC coverage limits? Single Accounts (owned by one person): $250,000 per owner Joint Accounts [...]
Filed under: Credit Crunch, Economy, Elizabeth Warren, FDIC, Interest Rates, Treasury Department, economics | Tagged: Banking, Banks, checking, FDIC, fdic insurance, FDIC Insured, fdic limits, Savings | Leave a Comment »
14.8 million Americans are currently out of work and looking for a job, according to a report released today by the Bureaus of Labor Statistics. Even if you do have a job, wages have not increased substantially over the last ten years, with one exception: government workers.Thanks to generous health-care benefits and pensions, it pays [...]
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Howard Davidowitz – Listen to this guy more about "untitled", posted with vodpod
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Howard Davidowitz, MoneyBob Postings, economics | Tagged: economics, Economy, Howard Davidowitz | Leave a Comment »
Last summer, our guest Gary Shilling of A. Gary Shilling & Co. predicted that stocks would fall 30%. That hasn’t happened yet, but the extraordinary bull run that made idiots out of many of Wall Street’s greatest gurus last year has now finally reversed, and Gary is sticking by his bearish guns. At Dow 10,000, [...]
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, Gary Shilling, Investing, Stock Market, Treasury Bonds, economics | Tagged: stocks, Deflation, Depression, Gary Shilling | Leave a Comment »
