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A SENSIBLE ECONOMY VS. SPECULATION

DEFINITION OF “ECONOMIC PHILOSOPHY” The word, “economy”, means the management of money. It began with money management in the household, then it grew to governments, etc. “Philosophy” is a word that...

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Signs of Economic Improvement

HAVE YOU STARTED YOUR PERSONAL FINANCIAL RECOVERY? Bloomberg reported today that “The index of U.S. leading economic indicators rose in May for a second consecutive month and a regional factory gauge...

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What is a Credit Crunch?

A CREDIT CRUNCH IS A REDUCTION IN THE GENERAL AVAILABILITY OF LOANS, or even a sudden tightening of the conditions required to obtain a loan from the banks. Either scenario is not good for you and I....

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