Posts tagged as:

economy

By now, you’ve probably heard some or all of these phrases: frozen credit markets, mortgage backed securities, collateralized debt obligations, credit default swaps. But just what the heck do they mean? How did we get into this global economic mess anyway? Well, I’m in no mood to try to explain it to you myself, especially [...]

{ 3 comments }

If you think this recession is bad, imagine what life was like during the Great Depression of the 1930s. Presented below are my favorite five photos from that era. Hopefully, our current economic situation won’t get this bad. But if it does, at least it will be in color.

{ 1 comment }

I came across a popular story and comment thread on Tip’d, concerning whether or not Americans thought they would be getting a second stimulous check in 2009. My curiousity having been piqued, I searched teh Googles to see what other people thought.

{ 4 comments }