Taking advantage of the credit crunch
There may be a lot of doom and gloom out there at the moment, but there is no need to let it grind you down, after all things will pick up eventually and you need to be ready for the big rush again.
Therefore, in the mean time there some things that you do to either [...]
Now the UK is heading for recession
It was only last week when we heard reports that the UK economy could be strong enough to miss going into recession. Now in contrast to that report an interview with a member of the Monetary Policy Committee, who are the group that sets the Bank of England interest rates, has come up with a [...]
July 17, 2008Is the US Dollar about to crash?
There is a saying “That is has to get worse before it gets better” and this looks like what we are all going to have to look forward to over the coming months.
In particular the US economy is struggling not just with the financial problems hitting the mortgage and banking industry, but from foreign investors, [...]
Food prices increasing due to bio fuels
When bio fuels first started appearing they were greeted as the next greatest thing to hit the automotive world. But as this new form of making our fuel resources last longer has become popular, there are now concerns that maybe bio fuels aren’t as great as we first thought.
Environmental campaigners are now claiming that the [...]
Cutting the cost of filling up
As the price of fuel seems to increase almost on a weekly basis, we have several choices to combat the fuel price crunch. We can just grin and bare it, don’t drive at all or we can take some positive action and find ways of cutting the price of filling up.
Below are some ideas to [...]
Saving money on petrol
With the price of fuel taking off, the cost of filling up is getting higher virtually every week! But for some people who are already feeling the pinch from the credit crunch, these small but regular increases will eventually reach a point where the cost of driving is quite simply too high.
But as normal there [...]
Chancellor says “Times of tough”
The Chancellor of the Exchequer, Alistair Darling has been quoted as saying “Times are tough” thank goodness for that, we must be all sleeping better now! But in all seriousness he has insisted that the UK will be able to survive the current credit crunch.
However since mentioning that we will all come out of this [...]
Iran makes a withdrawal
There is no doubt that the next six months will be slightly hair raising to say the least, with changes happening around the world with oil and different outlooks. It seems that certain nations around the world are also keeping an eye on things too.
Could this be why Iran has withdrawn something in the region [...]
Gay marriage business worth millions
The wedding industry has always been a big business, but with marriages not being as popular as before times could have been tough, but as with many areas of business every cloud has a silver lining and this cloud came just at the right time.
Gay weddings are now the big business which is fuelling other [...]
How to be smart with money
The time to start to have look at how your finances are going is now, when time are beginning to get tight. Things like the credit crunch may not be having a direct effect on your finances yet, but it will eventually as food and fuel prices begin to bite.
So what can you do to [...]
The Pentagon misplaces $15 Billion
Everyone who is in charge of any organisation whether it is large or small, private or publicly funded, always feels a little bit of anxiety so we can only imagine how the person in charge of the Pentagon feels when the auditors come back saying that there is $15 billion missing!
But we should not be [...]
Interest rates cut in the US
As food and fuel prices still carry on rising, the Federal Reserve in the States have cut interest rates again for the seventh month in row, but as prices continue to rise is this just delaying the inevitable?
It is believed or hoped, that the rising prices of fuel and food will not continue past a [...]
Is £50 billion enough to save the economy?
What would seem to be the largest amount cash that the Bank of England have ever put into the banking system, it is in order for the UK banks to be able to lend more money out to the UK consumers, but will this amount be enough to save the UK economy?
At present the [...]
Gordon Brown defends UK finances
Having been applauded for so many years as the best Chancellor of the Exchequer that this country has ever had, it must be coming as quite a shock for the Prime Minister Gordon Brown to find that his management of the country and in particular the finances of the UK are being questioned.
In fact during [...]
Surviving the crash
With the future looking fairly bleak these days, it may be necessary to take some cautionary steps now in order to survive into the future. There have been many stories of how bad it was during the between to the two world wars, but it could happen again!
In order to get through a deep recession [...]
Is a great depression looming?
It is a frightening prospect that there have been many comparisons made between the world economy of today and that of seventy five years ago, when it was then known as the great depression.
There has been a boom in mass production, along with a boom in mass consumption. These two things actually mean suggest [...]
Euros accepted in New York
The strength of the Euro cannot be denied these days, it is not the Mickey Mouse currency that many people believed that it would be. But the biggest casualty of the Euros success has to the US Dollar. This has been seen to slip further and further down, so much so that travelling to the [...]
March 12, 2008Virtual banking shut down
Second life the virtual world where there are some weird and wonderful things going on, has been suffering from what can only be described as a financial crisis, a bit similar to the real world I suppose. But there have been rumours of some not very nice things going on in the island world that [...]
February 21, 2008Build a life from nothing
Start off with nothing but small change and a rucksack, is not everyone’s idea of getting out in the real world and try to find your way, which is not always easy.
But for one man who decided to leave all of his family’s comfortable lifestyle and made a conscious decision to not use any family [...]
Stuck in the rat race
The way that we live today is entirely different to that of a few years ago; no longer can we reply on job security or in some cases in the security of knowing that our future is safe from hardship. But there are things that can be done that will ensure that life can be [...]