The Crisis of Credit Visualized – Part 2
Watch the full version here: www.youtube.com The Short and Simple Story of the Credit Crisis. By Jonathan Jarvis. Crisisofcredit.com JonathanJarvis.com
Watch the full version here: www.youtube.com The Short and Simple Story of the Credit Crisis. By Jonathan Jarvis. Crisisofcredit.com JonathanJarvis.com
Watch the full version here: www.youtube.com The Short and Simple Story of the Credit Crisis. By Jonathan Jarvis. Crisisofcredit.com JonathanJarvis.com
Sun Life Financial – Canadians’ financial advice to loved ones: rely less on credit and develop a financial plan – Sun Life Financial launches online tools and ad campaign to help Canadians create a plan that’s right for them
www.cambridge-credit.org — You might not be aware of it, but there a growing number of fantastic programs designed to help Americans understand the complex nature of personal finance and prepare them for the future. Some programs, such as Junior Achievement, focus on young people. Other programs, like the ones conducted by Cambridge Credit Counseling, are geared toward adult audiences, who may already be dealing with difficult times. The federal government is also participating in this push. As mandated in the Fair and Accurate Credit Transactions Act of 2003, the Government established a hotline, 1-888-My Money, as well as a national financial education website, MyMoney.gov. Join Thomas Fox as he reviews the helpful features of the site and how they can help you make smart financial choices. Watch this week’s webisode from Cambridge Credit Counseling Corp. to learn more. Host Community Outreach Director, Thomas J. Fox.
www.cambridge-credit.org — Most of us are focused on maximizing our earnings – as a matter of fact, many Americans are working harder than ever. Unfortunately, we seem to lose interest when it comes to making the tough decisions on how to manage that money. Surveys show that nearly everyone could benefit from a course in financial literacy, especially when such training is absent from the American classroom. Watch this week’s webisode from Cambridge Credit Counseling Corp. to learn more. Host Community Outreach Director, Thomas J. Fox.
Earlier today US President Barack Obama signed a bill that is the most comprehensive financial law to be enacted since the Great Depression. The law, which got final approval from the Senate last week, targets the kind of Wall Street risk-taking that helped trigger a global financial meltdown in 2007-2009. Gerald Celente says that this is only going to harm and will not do enough to change Wall Street.
The Starting Out Years (18-25): Just starting out? You need to make smart financial decisions — and a plan. That’s the message from Eleanor Blayney, CFP®, the consumer advocate for Certified Financial Planner Board of Standards, Inc., in the first segment of the non-profit organization’s Lifelong Financial Strategies initiative.
A brief and simple explanation of why this crisis was doomed to happen given by someone who, in 1999, wrote “the possible Big Bang that scares me the most is the one that could happen the day those genius bank regulators in Basel, playing Gods, manage to introduce a systemic error in the financial system” and then who, while an Executive Director of the World Bank, 2002-2004, did all he could to warn about the utterly faulty regulatory paradigm that had been adopted by Basel… all to no avail. You can find much more here: www.subprimeregulations.blogspot.com financefordevelopment.blogspot.com baselcommittee.blogspot.com www.theaaa-bomb.blogspot.com
Sept. 7 (Bloomberg) — Michael Burry, the former head of Scion Capital LLC who predicted the housing market’s plunge, talks with Bloomberg’s Jon Erlichman about the financial crisis and the housing market. (Source: Bloomberg)
In times of crisis people seek strong leaders and simple solutions. But what if their solutions are identical to the mistakes that caused the very crisis? This is the story of the greatest economic crisis of our age, the one that awaits us.