The US Government has decided to bailout the car industry and now Congress just needs to approve (which it probably will).
We are loaning $15bill at least, creating a six member government oversight committee for the car industry, demanding fuel-efficient vehicles and emptying our government fund for fuel-efficient technologies.
Showing posts with label financial crisis. Show all posts
Showing posts with label financial crisis. Show all posts
Monday, December 8, 2008
Sunday, December 7, 2008
12/7/08: Savings in this crisis
What is going on with savings, stocks and bonds?
This article explains a lot about banks, savings, world finance, etc. It helps to know something about the specifics of our financial crisis so we respond to the situation as intelligently as possible. The article also has links to some good articles in it about housing prices around the world and about savings and investment: what is happening and what is needed.
At this point in history if you don't talk the economic talk you are being led blindly into the future.
This article explains a lot about banks, savings, world finance, etc. It helps to know something about the specifics of our financial crisis so we respond to the situation as intelligently as possible. The article also has links to some good articles in it about housing prices around the world and about savings and investment: what is happening and what is needed.
At this point in history if you don't talk the economic talk you are being led blindly into the future.
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