No fiscal union, no Eurobonds, no ECB as lender of last resort – yet. Just the usual blather and a revamped Stability Pact (Fiskalunion). Yawn. Merkel seems to have backed off on demands that budget breaches will be justiciable before the European Court, so the Treaty chatter is mostly Quatsch, bêtises, and eyewash. This Merkel [...]
Till debt do us part: Kofinas LIVE from rioting revolting Athens
The Greek government has voted in favour of a new round of austerity cuts – securing the next multi-billion instalement of cash from the EU and staving off a default. But furious protesters have reacted violently to the vote, with battles between police and demonstrators continuing just meters from Parliament. Scenes from downtown Athens resemble [...]
Investors should follow the Munster family to profit from the credit crisis
Investors should be like the Munster family. Just as the latter only went to the beach when it was raining, the former can take perverse pleasure in more bad news about the economy – such as the official announcement that Britain has entered a second credit crisis. Why? Because stock markets are in business to [...]
Accounting Basics 1- Where did Accounting Come From?
Financial Accounting ACG2021 Spring 2008 Chapter 1 Crosson Video Rating: 4 / 5
Falling house prices and low interest rates protect thousands from insolvency
Falling house prices and low interest rates have combined to keep corporate and individual insolvencies lower than expected, according to leading accountants. “With all the doom and gloom in the headlines, you might be surprised to hear that our insolvency department is not that busy,” said Mike Warburton of Grant Thornton. He added: “Low interest [...]
Value Investing: From Graham to Buffett and Beyond (Wiley Finance)
Value Investing: From Graham to Buffett and Beyond (Wiley Finance) From the “guru to Wall Street’s gurus” comes the fundamental techniques of value investing and their applicationsBruce Greenwald is one of the leading authorities on value investing. Some of the savviest people on Wall Street have taken his Columbia Business School executive education course on [...]
Lessons to be learned from Vince Cable’s VAT shock
Vince Cable, the Business Secretary and outspoken scourge of tax avoidance, admits it is a “bit embarassing” he has become Britain’s first Cabinet Minister to be fined for failing to pay tax. You would need a heart of stone not to laugh. But leading accountants took a kinder view and said it is easy to be [...]
Cease from Wasting Time and Consider Debt Consolidation To Assist You To Get Out of Financial Debt
There are lots of ways you can get debt consolidation, but the best is when your credit company is actually involved in the process. Since they are already aware of your credit or debit situation, they know precisely what to offer you so that you can get back on top of things? along with them, [...]
Daring to Live on the Edge: The Adventure of Faith and Finances (From Loren Cunningham)
Daring to Live on the Edge: The Adventure of Faith and Finances (From Loren Cunningham) Living by faith is not the domain of only those Christians called to “full-time” ministry. Every Christian can enter into the adventure. What is important is not our vocation, but whether we are committed to obeying God’s will in our [...]