Finally, the recession is producing tangible benefits for the average American. Credit card lenders are so worried about huge numbers of people defaulting on their credit card payments that they are willing to negotiate debt settlements that are very favorable to the consumer. Lenders are lowering interest charges, extending...
read moreToday, some tentative good news. According to Blue Chip Economic Indicators, if the government does indeed pass the massive bailout package, the economy could start recovering as early as July 2009. Over fifty economists from respected banks, brokerage firms, and insurance companies contributed to this forecast. Of course,...
read more2009 is definitely going to be a better year than 2008. It’s hard to see how it can get much worse. I have been studying these numbers all morning and I am amazed at how dismal they are. 2008 was a good year in that it taught us the importance of prioritizing our interests, fiscal responsibility, and that those who...
read moreWe are a resilient nation. That resiliency was tested in 2008 and will be further tested for most of 2009. I learned much about myself this year. I have been tested and endured other cataclysmic events before. However, survival was a given. Most people that I know have a gift for self-preservation. But only a few people...
read moreThe quest for capital and all of the advantages that it brings has consumed man since we developed opposable thumbs. While many movies deal with money as a peripheral issue, there are some great movies that deal with the mechanics of making money. I have always been fascinated with the inner workings of our...
read moreYes, I know critical American infrastructure is not the sexiest topic. However, anybody concerned about the recession and the future of the American economy would do well to stay abreast of these issues. With this in mind, I am recommending an article that you must read. Sarah Williams Goldhagen wrote an excellent piece that...
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