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54Florida is Looking at Several Bank Failures once Again
If is said that the housing collapse began in Florida. Yet it is reported that of all the banks that closed, a mere three were located in Florida. It is said that in a little more than a year, regulators...
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73Recessions, the Great Depression, and Now (Why We Should All Be Optomistic)
At the height of the Great Depression unemployment was at a rate of 25% accross the country. Wages for those with jobs were cut by 43%. This situation lasted for 10 years. FDR tried to improve the...
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71Bank Bankruptcy
If bank bankruptcy is your only way to deal with your unpaid debt, then it is important for you to know exactly what it is, how best to deal with it and is your bank safe or not in case you have a bad credit...
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58The Great Depression of the 21st Century - A Human Introspective
The news media is saturated with Orwellian Newspeak targeted at Joe average American. Terms like – Housing market correction aka: foreclosure crisis(after all you should rent anyway), Financial...
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54Three Warning Signs of Depression
A wise man once said, "History is not to be ignored". If we ignore the economic history lessons of the last 100 years we deserve what we get. Our economic crisis is now a Depression. How long will it last?...
3 comments53George Bush's Bank Crisis
We have all heard about the various bank closures over the past year. Financial behemoths like Freddie Mac and Lehman Brothers are either in the governments intensive care unit or have already had their time...
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72Why Are Banks Too Big To Fail?
I am thoroughly disgusted with congress, the fed, banks and all the idiots that run our financial system. I have patiently waited for those paid shills in congress to ask the question: Why Are Banks Too Big...
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61Choosing An IRA vs CD -- Why Put Both Together
Which Path Will You Take on This Bumpy Highway So the question came up, "IRA vs CD? Which is better?". Investors are asking questions like this these days because the market has performed erratically for more...
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68A Wave of Bank Failures is coming
SEE UPDATE BELOW: CITIGROUP SHARES CRASH TO $1.00!!! Recently, I watched a video of Jim Cramer on TheStreet.com. Now, whether you agree or disagree with him, you have to admit that this guy has been around...
76How Safe Is My FDIC Bank Account?
We know that bank capital requirements will be raised. One of the reasons is that banks are leveraging up again, and because commercial real estate is on the brink. This increased capital requirements is a...
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