Survival Tips for the Economic Crunch – CBN.com
More and more consumers are discovering it's time to trim the fat.
Duration : 3 min 53 sec
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More and more consumers are discovering it's time to trim the fat.
Duration : 3 min 53 sec
http://www.americanprogress.org/issues/2008/11/barr_mortgage_crisis_testimony.html
Andrew Jakabovics of the Center for American Progress explains that the about face by Treasury Secretary Henry (Hank) Paulson misses the mark — the troubled US mortgage markets are the root of the international financial crisis.
Duration : 1 min 59 sec
How do young people think about the economy? What separates young people's views from those of older generations? What role will young people’s economic views play in the elections?
Amanda Logan of the Center for American Progress answers these questions in the latest installment of CAP's ASK THE EXPERT series.
Duration : 2 min 54 sec
http://www.americanprogress.org/issues/2008/09/economic_recovery.html
In these tumultuous days, it is often overlooked that the fate of Wall Street is, in this particular case, especially intertwined with the fortunes of Main Street. The connecting link isnât just a matter of stock market volatility, but rather underlying problems in the credit markets. Lenders on Wall Street, and those who provide lenders their capital, are unable or unwilling to lend or invest because of the mortgage crisis. If nothing is done, the already large and growing impact on the routine borrowing of businesses will become even more acute. Businesses will face problems meeting payroll, purchasing inventory, and making investmentsâconsequences reaching far beyond Wall Street. Personal credit for auto loans, student loans, credit cards and, of course, mortgages will also become harder to come by.
The housing, mortgage, and financial mess have already ensnared the labor market. Jobs have declined for eight consecutive …
Duration : 2 min 45 sec
Economy mortgage bailout helpThis is part 1 of Glacier Concept's help to investors in real estate and mortgages to help bail themselves out in the economic downturn. California, Arizona, Nevada, Georgia, Illinois, Florida, and Michigan residents can benefit. Part 2 is for institutions.
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Duration : 4 min 4 sec