Money
Understanding the Credit Crisis…
Or why the subprime meltdown could mean a world of hurt for us Americans.
As is often the case with innovations, though, there was soon too much of a good thing. Those same global investors, flush with cash from Asia’s boom or rising oil prices, demanded good returns. Wall Street had an answer: subprime mortgages.
Because these [...]
Shantytowns return to the US thanks to the subprime meltdown
Link to the video on Youtube (courtesy of BoingBoing).
Using Mint
I recently decided to register for Mint (the financial website not the one the measures traffic) because it came highly recommended in one of the many blogs I read during the day (I don’t recall which one…sorry). I knew little about the site, just that it was supposed to munge together all your finances to [...]
