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some interesting data showing the extent to which financial leveraging has caused the greater acuteness of the current crisis compared with the other 3 major crises since the 1980s This shows that financial leveraging added another whopping 20 to the underlying banking crisis thereby bringing the current financial crisis up to an equivalent of 40 of global GDP |
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is become very dangerous for all of us World leaders have been welcomed to Washington by President George W Bush for a summit to discuss measures to contain the current financial turmoil They hope to agree on long term reforms to reduce the risk of further crises because it is very essential to make a solution of this problem But few expect a major breakthrough without |
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should avoid OR be cautious I was talking about consolidation and its benefit the other day But you must not consolidate with higher interest loans Try to get a loan at the right terms Help me in refinancing Transferring balances to other credit cards is a good solution They offer low introductory rates |
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Innovation can bet the solution |
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Innovation can be the solution to solve the financial crisis Professor Michael E Porter of Harvard University famous for his five forces analysis and leading authority on competitive strategy and international competitiveness was up at 03 00 to |
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IMO the only acceptable solution is sustained high inflation Be careful what you wish for Gold vs CRB Commodity Index Gold buys a bigger basket of commodities now than any other point on the chart |