How to Survive the Crisis?

We are living rough times caused by the economic crisis, the hardest one since the great depression. The crisis raises a series of problems like bankruptcy, job losses, housing and capital market drop-downs, inability to pay your mortgage, stress, but at the same time it brings a lot of opportunities like low prices for almost anything including low cost to start a business. The question that must be raised in this situation is "How to successfully overcome and benefit from the crisis?".

vineri, 6 noiembrie 2009

U.S. Credit Crunch

“Credit Crunch” is an expression often used in the context of the currently ongoing economic crisis. A credit crunch according to Wikipedia is a reduction in the general availability of loans (or credit) or a sudden tightening of the conditions required to obtain a loan from the banks. The basic factor that lead to the actual credit crunch is the housing market bubble. So, how did we get in the current situation?...read more

How to Survive the Crisis?

vineri, 6 noiembrie 2009

U.S. Credit Crunch

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