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Step-by-Step Understanding of How The Recession Began

Sunday, August 23, 2009, AM | 3 Comments

Economists have, sometimes, different explanation of how economy reacts to certain events. A definition of an economist has surfaced: “An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.” – Laurence J. Peter. Many economists have shed light on the current recession. Edgar R. Fiedler has put […]



We must learn lessons from the current recession

Saturday, August 22, 2009, AM | Leave Comment

Economists agree now that the current recession began in December 2007. It has been painful for many families across the United States, to say the least. Folks have lost jobs, homes and in many cases their entire livelihood. But despite the economic bad news, a surprising good news has emerged: a significant number of Americans […]



What Has China Got That The U.S. Ain’t Got?

Thursday, July 16, 2009, AM | 4 Comments

China’s economy accelerated in the second quarter amid huge stimulus spending and aggressive bank lending, expanding by 7.9 percent from a year earlier as retail sales and industrial output grew strongly, data showed Thursday. The growth rate, reported by the National Bureau of Statistics, was up from 6.1 percent in the first quarter. The government’s […]



Spend Cautiously While Recession Lasts

Saturday, July 11, 2009, AM | 1 Comment

Most financial gurus agree that cash is king during any recession. Spend wisely now and you will save a bundle over what things will cost once the fog of the recession lifts. I say fog because our eyesight sometimes become so weak we can’t think let alone see things clearly during a recession. However, don’t […]



Your first obligation is to your loved ones

Tuesday, July 7, 2009, AM | Leave Comment

In ethics as in financial planning, we must satisfy our needs first than our wants. We are in the shittiest of deepest recession we have ever been in. [This is the consensus of the economists and financial gurus]. No matter how painful a decision you make, it must be for the overall benefit of your […]



You Are Penniless Because Your Brain Simplifies Complexities

Monday, July 6, 2009, AM | Leave Comment

I don’t know much about what Einstein did as far as his research and publishing papers. If he simplified the complexities of the universe in his papers, then it seems now that one side of his brain was dead. If he left the universe alone and let it be a complex universe that we don’t […]



Be In Control Of Your Financial Life

Saturday, July 4, 2009, AM | 1 Comment

There is an article at forbes.com titled “What I’ve Learned: Once A Broke Student, Now A CEO” written by David K. Randall, published on 07.02.09. The article tells the story of Betsy McLaughlin who is now CEO of Hot Topic – The Company is a mall- and web-based specialty retailer operating the Hot Topic and […]



Lost all my GM shares

Monday, June 15, 2009, PM | 1 Comment

Well! I would have lost all my GM shares, had I owned some. But I didn’t own any, so I didn’t lose any. Is that a good logic? I mean if you don’t buy things, you don’t pay for things. But sooner or later, you gotta buy something. I am glad that “something” I bought […]



FDIC extends $250,000 deposit insurance till Dec. 31, 2013

Thursday, June 4, 2009, AM | 6 Comments

On Wednesday afternoon, the President signed this bill into law. The extension of the $250K coverage to 12/31/2013 is now official. On Tuesday both the House and the Senate passed an amended version of Bill S.896 which includes a provision to extend the temporary increase in deposit insurance from December 31, 2009 to December 31, […]



Speaking English Without The Use Of Acronyms Is Hard

Wednesday, June 3, 2009, AM | Leave Comment

In finance and other disciplines, we have been bombarded by a variety of acronyms, mostly by all three branches of the government but to a lesser extent by private sector as well. Can we speak English without the use of acronyms? It depends on the subject and the talk of the moment. In some cases, […]



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