Boomers Not Happy With Cost of Aging Parents

**Edit: Has anything changed? We originally posted this article in 2007 and wonder if much has changed? One thing has, more people are in the ‘old’ demographic. Are caregivers (boomer parents) learning to deal with the increase?** I always find it funny,...

2011 California Housing Foreclosure Rates

* Note: Data derived from Law Office of San Diego Bankruptcy Lawyers CC Legal. As 2011 rounded out the foreclosure data for California, the largest state by population, emerged. The results were tepid. Any significant decline in foreclosure rates was not observed....

Current Account and Devaluation of Currency

Q. Why/How may a drastic fall in the current account lead to a devaluation of a currency under a fixed exchange rate system? A. A drastic fall in the CA may lead domestic policy makers to move for expansion of domestic output in an attempt to increase exports or have...

Old Age Security Cheques Slated to Arrive at 67

A new problem has reared its head in Canada that surrounds proposed changes regarding when one receives Old Age Security (OAS) cheques. As of now if you’ve never put any money away (which is unequivocally a method to wind up on the streets when you hit 65)...

Happy New Year – 2012 Global Finances LInks

May the New Year bring a global financial picture that looks less like a roller-coaster ride at Disneyland and more like a consistent incline on a hike 😛 Here are a few links for your enjoyment. Money Multiplier down which means available credit isn’t leaving...

Q. Are there other ways to create money?

User artp posted this question in the forum and now it’s being republished here. As I read (mostly in The Economist) about the current economic crisis the more I become convinced it is partly a breakdown in the way our economy creates money. This leads to the...

Unemployment Rates for USAs Largest States Down

Note: Data supplied by San Diego bankruptcy lawyers CC Legal, derived from Google and RAND California. The number of unemployed in the US has gone down in the past month of November which is good news for the economy. Modest gains have been recorded every month for a...

How to Invest in Volatile and Recessionary Markets

*Posted in 2009* So you’ve lost 50% of your portfolio and wondering what to do and how you could have avoided the pain. Most are hearing sit tight, which is true, or heck, even buy, which is even more true. But is there anything you could or can do in a market...

Ten Ways to Save Money in a Recession

The credit crunch in 2008 hit consumers and businesses alike hard. We can’t really say we weren’t expecting some form of downturn in the economy, but the magnitude and scale we’ve seen thus far, many would admit it’s worse than expected....