Funny Ryan’s Steakhouse Story. I wish I could take credit for writing this or it happening to me, but neither would be true. This was sent to me in an email and was too friggin’ hilarious not too post. See for yourself: By Anonymous …
How is a government plan to encourage banks to issue subprime loans and to then buy those loans supposed to help us get out of a financial crisis caused by too many subprime loans and too much buying of those junky loans?
The spending on Iraq was a hidden cause of the current credit crunch because the US central bank responded to the massive financial drain of the war by flooding the American economy with cheap credit. “The regulators were looking the …
I’ve been warning students about the credit crunch on the horizon for a couple of months now in this blog.