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Moody’s ratings agency has changed the Eurozone’s outlook from stable to negative, warning it faces being downgraded. That’s despite relentless meetings between EU leaders, which have so far failed to deliver any solutions. And a leaked email suggests that the Troika of international lenders want Greece - one of the most debt-stricken countries, to work [...]

few thoughts on the monetary system that we have and also real money

GLOBAL ECONOMIC CRISIS: 2007–2012 global financial crisis, is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It resulted in the threat of total collapse from large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, [...]

Interest rate for US’s student loan jump! Student DEBT dealt? In the United States, student loans are responsible for the most debt in the country and have surpassed credit cards by recently reaching the trillion mark. On July 1, interest rates on government subsidized loans are set to jump to 6.8 percent, but the [...]

Last night, President Obama gave a speech to the National Urban League. He touted various policies of the administration, things like healthcare, policies specifically targeted towards African Americans, and even brought up the topic of gun violence in the wake of the shooting in Aurora, Colorado. And he also had a lot to say about [...]