If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!“The economy is based on trust,” said Dean Johnson, associate professor of finance at Michigan Technological University in Houghton, Michigan.
In situations like the recent housing bubble, or even the stock market collapse of 1929, where markets were driven by [...]
Another guest post from MG Dungan who went from Wharton to Wall St. to real estate to Blown Mortgage.
Economies worldwide are in recession and it?s getting worse. The momentum on the downside is too strong and the losses too pervasive to expect bailouts or interest-rate cuts to have more than a temporary effect. At best, [...]
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