With a deteriorating security situation and an economy in crisis, Pakistan is facing some challenging times. Senior Pakistani officials say their country is within days of defaulting on its foreign debt repayments and is in dire need of monetary aid. But as is often the case, it’s the country’s poorest who are most desperately in need of help. Kamal Hyder reports.
Mar07
Filed Under: Finance by:
Federal Reserve Cuts US Credit Crunch Economic collapse NWO Martial Lw Civil Unrest
Charman bernancke (wed 2-25-2010) warned Congress that the Federal Reserve would not back US spending at current deficits. That means financing from overseas, tax hikes, or default. It also means a severe limitation on funds supplied to the system. Expect credit to dry up almost completely, and interest rates to rise as money becomes scarce…! Washington Post: Article www.washingtontimes.com Donate: Donate: www.s119320640.onlinehome.us
We break down what the government reform means for you.
Credit Union National Association Vice President Bill Hampel on why credit unions want to increase cap on their business loans.
Chapter 1 Banks, lending companies and credit companies are just waiting for you to screw up. Obviously the best way to avoid the problem is the most obvious: Pay your bills on time. The reality is since the economy is in the dumpster you need to be aware of Your Risks. The original FRONTLINE video about the “Card Game” would take about 56 minutes to review, so they are split up into six chapters. Please watch and encourage your friends to watch. Your financial and possibly your physical security could be at stake without this knowledge! Follow the URL for the entire story: www.pbs.org It is 55:24 min.
Analysis and Discussion with Emily Peters of Credit.com (Bloomberg News)
Credit.coms John Ulzheimer on whether new credit-card practices will benefit the American population.
Feb12
Filed Under: Finance by:
European Banks to Watch - Credit Suisse, Deutsche Bank, UBS - Bloomberg
Credit Suisse Cutting 55% of Investment Banker Bonuses; Deutsche Bank Cutting 60% of Bonuses; UBS Cutting Company-Wide Bonuses by 80% (Starting Bell)
Delinquency Rates Rise in 1Q to 1.32%, from Last Year’s 1Q of 1.19%; Delinquency Rate Could Peak in Late 2010/Early 2011 (Bloomberg News)
Analysis and Discussion with Win Smith, Former Head of Merrill Lynch’s International Investment Brokerage Division