Suppose that printing money will save the financial system from crash. Level of indebtedness remains high, consumption may not be reanimated and the inflation is at the starting line. In a good case, the global economy may have the route of Japanese economy after 1990. In bad, we expect a new crisis, faster than [...]
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With the image of Jim Cramer hawking stocks fresh in people’s heads, there is a widespread belief that the media contributes to and inflates asset bubbles like the stock market run-up. But a new study published in the Journal of Financial and Quantitative Analysis argues that the media does not play such an outsized [...]
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It’s easy to forget just how important public financing is to stabilizing an economy. Public finances are necessary, as contributing to the achievement of tasks and functions of the state, which could not be realized without financial leverage. Methods, by which public finances fulfill this role, flow from their functions:
• Distribution function
• Control Function
The distribution function [...]
Banks go bankrupt, stock exchanges fall, and people lose their homes and jobs. There are many indirect effects that can make your life hard: inflation, a volatile exchange rate, growth rates on loans, rising prices and so on.
Look what you can do to get better with the crisis:
1. Do not dramatize. Don’t panic. Periods of crisis [...]
Don’t think that budgeting is something overly complicated – it’s just like a business plan without start and end. Here 5 steps that you can easily follow and you will no longer get to the end of the month with lots of loans, debts to all your friends and no money in your pocket.
1. [...]
Most of the time, the problem of running short on cash may not be because of your income level, but the way most of us manage our income. Taking control of your money is the solution to make your money do more for you. What is the best way to effectively take control of your [...]
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This just might qualify as the greatest job in the world. The state of Queensland in Australia is offering a $100,000 contract to relax on Hamilton Island in the Great Barrier Reef for six months while writing a blog to promote the area. It’s is being billed by Queensland – not immodestly [...]
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