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Survival Tips For an Economic Depression
It is not the end. Dark clouds of recession are certainly hovering around the financial horizon. The economic indicators point towards a downtrend in business, which means problems for real estate investors, job seekers and what have you. Gas prices have hit an all time high. It is certainly time to prepare for a rainy day.
The Federal Reserve’s Ill-Guided Bailout Of Bear StearnsWhen the buyout of Bear Stearns by JPMorgan Chase was announced, it was no stretch to assume that some amount of fraud had been perpetrated on the investment community, employees and clients of Bear, and the American people. The shotgun wedding late on a Sunday night in mid-March 2008 was arranged by the Federal Reserve in an effort to allow the large financial institution to fail.