All Posts Tagged With: "economics"

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Lenders Still Making the Same Mistakes Which Caused the Sub-Prime Mortgage Mess

If you were a lender of mortgages, would you give out a loan to someone who doesn’t have any documentation to prove how much money they make? Would you provide a loan where the person isn’t even required to pay off the interest each year? How about a loan that would take 50 years to [...]
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Economic Indicators Point to a Recession, Make Sure You’re Prepared.

For the last two decades the economy has been very strong as a whole. During the mid 90’s we saw the greatest period of economic expansion we’ve ever seen, and even despite the September 11th terrorist attacks and accounting fraud in many major companies earlier this decade, our economy has still remained very strong. The [...]