There are several aspects of insurance that many of us seem to misunderstand. Insurance costs, be it car, life, health, or lightning insurance, represents the amount of risk undertaken by insurance companies to insure you. Continue reading
Given the way the economy has been for the last year, bankruptcies are clearly on the rise. If you’re swamped in debt, you are absolutely not alone. So when you see those ads promising you debt consolidation, you would of course be tempted to work with those companies? Continue reading
It remains up for debate whether or not the economy is showing signs of improvement. However, when the economy does get back on its two feet completely, there are a few things that an improved economy might mean for you. Continue reading
Credit lending is serious business – nothing else legal in this world has let people spend quite as much money as credit has. If you are a responsible consumer, your credit is something that needs to be maintained and taken care of… kind of like a lawn. If it’s too high, people won’t trust you. If it’s too low, nobody will respect you. Bad puns aside, because the credit lending business is serious, the credit score-checking business also is. Continue reading
You’re going to be hearing a lot about the BRIC countries for several years to come. BRIC stands for the emerging economies in the world – Brazil, Russia, India, and China – and they’re the ones whose manufacturing is keeping the world economy afloat. A recent article by the Associated Press reveals that within these countries, when their manufacturing figures are in the positives, the American economy shows some signs of improvement. Continue reading
What alarmist economists have been predicting for years has finally come true, at least for now. According to the New York Times, China surpassed Japan’s GDP in the second quarter. China has been on top in its region many times in its multi-millennial history, but this is the first time it has been the regional economic hegemon since the Dynasties came to an end. Continue reading
A huge political battle is brewing in Congress – whether or not to let the Bush tax cuts expire. According to the New York Times, the battle could set fiscal policy for years to come – as it’s expected to be a huge election topic. Continue reading
In an ongoing discussion of the recent financial reform bill, I will address another aspect of the new law. Today, I assess the bill’s ability to address the problems that led to the financial recession we are still in. Continue reading
Among the fiscal controversies that have occurred over the past few years, the newest one is the financial reform bill, recently signed into law by President Barack Obama. Over the next three blogs, I will going over a few facets of the bill I find particularly interesting. I will attempt to be as open-minded about the multiple aspects of the bill as possible. Continue reading
In a long string of events that are “shaky” (Yes, I’m looking at you, Greece), as its population increasingly ages, European Union officials are calling pensions “unsustainable.” Continue reading
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