For anyone who is still unclear why we are in a financial crisis, the Mint has created an excellent visual guide to the crisis. It’s a nice little… er… long flow chart that does a good job of trying to untangle the web that has lead to government bailouts, crashing stock markets, company failures, and [...]
Continue reading about The Financial Crisis Illustrated Graphically
In these times of bailouts and economic woes, a money management site has put the national debt into terms the avarage family can understand. As the article states, “Mortgages aside, 43% of US households spend more than they earn in a year”. This is a scary stat in and of itself. However, the US government [...]