Archive for the ‘finance’ Category

Effects of the Mortgage Crisis

Wednesday, February 6th, 2008

The Mortgage crisis is mainly focused on the US, where mortgage defaults are rising very rapidly. The US mortgage crisis is affecting the UK to a lesser extent; but in an era of global credit flows, it is hard for any country to avoid the impact of large financial losses ...

Opportunity Cost of Saving Money

Monday, June 25th, 2007

For a festival of frugality one would expect to find numerous ways for people to save money. Saving money can actually become an obsessive art. If we are not careful we can spend all our time looking for ways to save the odd dollar and cent, and actually lose track ...