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Whenever you look at the overall economy and get discouraged, remember that there are a few upsides to the economy being in the gutter.
First, as a while, we’re borrowing less and putting away more. I suppose that we’ve all been a bit burned by not …

Given the current economic situation that the United States is in, consider and discuss the following.

Question:
Many consider that the government’s failure to act on and help prevent the collapse of Bear Stearns as the starting point of the current financial crisis. In your opinion was …

Today the Consumerist posted a video from Jonathan Jarvis called “The Crisis of Credit” that shows what happened to the economy because of the loose credit markets.
It’s not only informative, but it’s also entertaining. I recommend this video to anyone who wants another view …

As consumers cutback spending and credit markets tighten, the economy takes hit after hit and has now seen the worst growth in a quarter century.
The 4Q GDP shrank by 3.8 percent for 2008. While this number is better than some investors expected, it still shows …

Today, as expected, the Fed cut the key interest rate to 1%. Some analysts are saying that the Fed won’t stop at 1%, if it needs to, the rate could go lower. A rate below 1% hasn’t been seen since the Eisenhower administration in the …