The last week has handed us some interesting developments once more, and as we pause to catch our breath again this week, we’ll make note of the important underlying currents and what they may mean going forward. The Pause That Refreshes We saw a short reversal in the recovery trade that has benefited the risk currencies, especially Australia, New Zealand and the Eurozone. As of last Tuesday morning when I began this column, the risk push is back on: The euro and Kiwi are pushing new yearl
Entries from September 2009
The Euro, the Dollar and the Future of the Forex
September 30th, 2009 · No Comments
Tags: Credit Cards · Student Loans
How Can Debt Consolidation Improve Your Financial Situation?
September 30th, 2009 · No Comments
September 30, 2009 | By Edwood Woodward In Finance | by Edwood WoodwardDebt consolidation is considered as an option by those who wish to decrease the amount of their monthly installments for loans. People who are working hard to pay back their loans can actually take advantage of debt consolidation loan.A debt consolidation is particularly beneficial for those who have to suffer in the hands of their credit card debts. With the help of a debt consolidation, many different loans and deb
Tags: Credit Cards · Student Loans
Banks want to keep Americans stupid and in debt. A lesson in economics.
September 30th, 2009 · No Comments
The first lesson we learned from the current economic collapse is: The market does not solve everything. Despite what the neo-cons like Ronald Reagan and George Dubbya told us, turning all state responsibility over to the market means that the entire country is motivated by profit and therefore operates under a value system of greed. This market-first government has not benefited most of us. In fact, it’s only really benefited the super rich, like Reagan and Dubbya. The second lesson is:
Tags: Credit Cards · Student Loans
Student Loan Borrowing Outpacing Tuition Increases
September 30th, 2009 · No Comments
According to a new college study, tuition increases at private schools during the 2008-2009 school year increased by just 4.5%, the smallest increase since 1972. At the same time, student loan borrowing has increased by 25% year-over-year according to a new study from the U.S. Department of Education. So what’s going on? State-supported schools have had higher tuition increases as state budgets have suffered from declining tax revenues. Second, families that have been able to help with tuition
Tags: Credit Cards · Student Loans
The 7 new rules of financial security
September 29th, 2009 · No Comments
In a world turned upside down, you must re-examine some basic assumptions. A good place to start: understanding the true nature of risk.John Maynard Keynes, the Depression-era economist who’s having quite the comeback, once quipped when he was accused of inconsistency: “When the facts change, I change my mind. What do you do, sir?”Money has long advocated the benefits of consistency in your investing and financial planning. People who swing between bold risk taking and neurotic conservatism almo
Tags: Credit Cards










