Tag Archives: economy

Economic Cycle Research Institute Echoes Alessio Rastani

by on 01. Oct, 2011 in Money, Videos

A trader, Alessio Rastani, caused few raised eyebrows when he claimed on BBC that we are heading towards another recession. He said no matter what Governments do, they don’t have the power, Goldman Sachs does. They, Goldman Sachs, plays the world and there is not much we can do but safeguard our assets and savings [...]

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Reflections on the State of the U.S. Econmy

by on 23. Jul, 2010 in Money, U.S

It is bad out there would be to put it mildly but that’s the cold hard truth. U.S. economy is hurting and there is no glimmer of hope. People are losing their jobs, their homes and their mind left and right. It’s an adjustment phase that is making us reconsider the way we look at [...]

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Bye Bye Freddie and Fannie

by on 07. Sep, 2008 in Money, News, U.S

If you happen to be in the U.S then by now you have heard about the Government takeover of Fannie Mae and Freddie Mac. This news was surprising to not that many people as the takeover was inevitable. Freddie Mac and Fannie Mae were the largest provider of U.S mortgage securities. Their business model involved [...]

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