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How to Explain the Subprime Financial Crisis Part 1
The first lesson in a two part series on the subprime financial crisis and how to explain what happened in a simple manner.
9 commentsHow Non-recourse loans amplified the American Housing Crisis
Firstly, let me say that the current Real Estate situation in America is a humanitarian disaster. It will be many years before the market returns to 'normal' behaviour. It is hard not to feel for all those...
3 commentsDusting Off the Guillotines
The news has been buzzing with anger over the $165 million in bonuses insurance corporation AIG plans to shell out to its executives, especially after the news broke that the majority of bonuses were going to...
19 commentsDid You Pay Too Much For Your Whistle?
In many ways, we only have ourselves to blame when it comes to the state of our economy and our current financial crisis. We share the blame with our federal government who allowed credit card companies,...
11 commentsGlobal Financial Crisis and its effect
After the US was hit by cold, the rest of the world got sick. And that is what happening now. All sectors were affected by the financial crisis and one of them is the international labor market. Many people...
0 commentsCarbon, Carbon, Carbon, Its all so confusing.
The debate about carbon centers around the central premise that excessive land clearing, agriculture, fuel emissions and the production of energy/electricity are causing green house gases and destroying the...
10 commentsNo I won't come back
Dear Fans, I don't want to be a hero - cimeters are full of that kind :) - or even a cheerfull leader, I want to stay an anonymous citizen. I know my voice is completely useless but I have said what I think...
10 commentsPostal Service May Cut to 5 Day Delivery
The United States Post Office is not a privately run business like United Parcel Service. The postal service works with the federal government; namely Congress to approve adjustments. Because of the world...
3 commentsSCMP Issues & Implications: March 31, 2009
DONALD TSANG'S SINKING POPULARITY Out of a survey of 840 people: 11.8% were satisfied with the government's performance (this is a decrease pf 2.5% and the lowest since 2004, when Tung Chee-Hwa was Chief...
0 commentsCrisis investment portfolios
When it comes to the current economy many people are concerned about their investments because of the financial crisis. What they are worried about is if they are going to end up losing all of their hard...
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