Posts Tagged ‘dollar’

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Dollar higher after Obama, GOP make a tax deal

Dollar higher after Obama, GOP make a tax deal
The dollar kept gaining against yen and edged higher versus the euro Wednesday in the aftermath of a tax package that, if passed, could boost the U.S. economy.

Read more on AP via Yahoo! News

Three-Month Dollar Libor May Drop for 18th Day, Monument Securities Says

Three-Month Dollar Libor May Drop for 18th Day, Monument Securities Says
The rate that London-based banks say they pay for three-month loans in dollars may fall for an 18th consecutive day, according to Monument Securities Ltd.

Read more on Bloomberg

BOJ Offers Dollar Loans at 1.23% to Ensure Liquidity (Update2)

BOJ Offers Dollar Loans at 1.23% to Ensure Liquidity (Update2)
June 15 (Bloomberg) — The Bank of Japan offered to provide dollar loans to lenders to help ease concerns that credit will contract in the wake of Europe’s financial crisis.

Read more on Bloomberg

Inflationary Holocaust – Jim Rogers – Dollar Collapse – America Bailing Out Wallstreet (Incompetents And Crooks) At The Cost of The People


Inflationary Holocaust. ‘Legendary investor Jim Rogers warned during a CNBC interview this morning that global central banks are creating the environment for an inflationary holocaust by their ceaseless overprinting of currency, a measure that isn’t even successful in stabilizing the stock market. Rogers said that the only solution to the market crisis was to let failing banks and speculators go bankrupt and stop pumping endless amounts of liquidity into the system, labeling it outrageous that responsible investors and taxpayers are being made to bail out crooks on Wall Street. “The way to solve this problem is to let people go bankrupt,” Rogers stressed, “All of this pumping money into the system is not going to save it – see what the market is saying, it’s saying we don’t buy that, let people go bankrupt,” he added. “Then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren’t sound and we will start over. This is the way the world has worked for a few thousand years,” said Rogers. Rogers warned that the reliance on governments printing money would not aid a recovery and would only lead to the problem becoming worse in the future. “We’re setting the stage for when we come out of this of a massive inflation holocaust,” he said. Rogers said that excesses of credit and people becoming over-leveraged meant that they would now have to take some pain. “Never before in world history were people able to buy

Dollar and bonds continue to slide, marxism comes to US, Government Motors, and O down FHA loans.


The Schiff Report Video Blog June 1, 2009

Kudlow on Morning Joe Blaming Crisis on Loans to Poor People

When economic recession hits, it is not only the emotions that seem to go haywire but also the bank accounts of many. There will really come a time when you have to look for ways on how to meet your immediate needs. One of the best ways is to avail of a loan.

However, not all loans are considered to be cheap loans. Some of them can be very expensive, simply because you have to pay high interest rates. If you have very poor credit ra Read the rest of this entry »

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The Beast That Swallows Its Young

Log Book loans were put in place as an innovator of the whole vehicle secured financing shebang and they have been very popular since then. Now, people are wondering what the hell or more politely what is a book loan?

The condition that must be met in a logbook that is ready to take the borrower to the logbook Read the rest of this entry »

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