An explanation of the most critical issues affecting the U.S. economy.
The Great Recession is a signal, like the crash of the Berlin Wall, that the very soul of the economy has shifted. What has changed, and what trends you can expect for the next ten years.
The events surrounding The Great Recession of the past two years have eclipsed most of the other economic events in this decade. Take a walk back in time - who would have thought in 1999 that so much could have changed in just ten years?
What do you think were the top economic events of the past decade? What affected you the most?
Did you, or anyone you know, survive the great depression? How did you do it? What was your experience? Personal experiences of people who survived the Great Depression of 1929
How the swine flu epidemic could worsen the recession.
Many people are outraged that AIG paid $165 million in bonuses after requesting up to $170 billion in government bailout funds. Understand why the bonuses were paid, why the bailout was made and what led to AIG's near-bankruptcy.
Companies are using supply chain financing as a solution to manage cash flow constrictions which are a result of the bank credit crisis. What is supply chain financing, and how does it solve the crisis.
What were the Top 10 critical issues in the U.S. Economy in 2008? It was such a dramatic year, it is hard to pick just ten events. Here are the ones that were most dramatic and pivotal.
The auto bailout plan and how the government bailout of the auto industry will impact the economy.
What exactly is the government billion dollar mortgage bailout of the financial and housing industry? How did it happen, and what exactly does it encompass?
Governments around the world agreed to bail out banks, as the mortgage crisis spread.
What steps have been taken to avoid the crisis and why it happened anyway.
Did Fannie Mae and Freddie Mac alone cause the mortgage crisis?
The pro's and con's of alternatives to the Senate Bank Bailout Bill.
How the largest government bailout in history affects the U.S. Economy and what it means to you.
The subprime mortgage crisis had been ongoing since at least early 2007. However, the near-collapse of the credit markets on September 19, 2008 was the event that triggered the bailout proposal.
The current mortgage crisis and bailout could have been prevented a year ago if the government had responded quickly enough to the signs.
The House rejected the bank bailout bill on September 30, 2008.
What are the costs of the Fannie Mae and Freddie Mac bailout by the U.S. Treasury Department.
Learn the details of this bailout.
Understand how the Subprime Mortgage Crisis led to the bailout.
Find out how Fannie Mae and Freddie Mac have avoided the subprime mortgage mess.
Explains the innovative financial tools that allowed banks to lend to subprime borrowers without worrying about default.
What are subprime mortgages, and what is their impact on the U.S. economy. This primer will help you understand this important issue.
How does the current banking crisis compare to the Savings and Loans Crisis of the 1980's?
The Savings and Loans Crisis in the late 1980's resulted in the bankruptcy of half of the Savings and Loan banks in the U.S.
Book review of The Credit Crisis of 2008 by George Soros.
Is the U.S. headed towards the Second Great Depression? Arguments pro and con about whether current economic conditions are leading the U.S. economy into the Second Great Depression
How global warming affects the U.S. economy.
A primer which explains why the Fed lowered the Federal Reserve interest rate in September 2007, how it affects the U.S. economy, and what it means for you.
While most economists think the dollar will do no more than continue its gradual decline, there are some who argue it is headed for a catastrophic crash. Learn about both sides of the argument, what a crash would do to your financial security, and how to protect yourself.
Is the U.S. Dollar in danger of an imminent collapse? What would cause a dollar collapse? If the dollar does collapse, what will happen? What is the best way to protect your finances against a dollar collapse?
Many experts say that the deficit is unsustainable and is therefore the greatest single threat to the global economy. Others argue that the U.S. economy is large and stable enough to carry this deficit safely.
The Congressional Budget Office reported that the Current Account Deficit represents a major threat to the long-term health of the U.S. economy.
