Tag Archives: recession

If You Hold More Than $250K in the Bank (and even if you don’t), You Need to Know This.

You’ve heard of the FDIC– it’s the Federal Deposit Insurance Corporation. It’s an independent insurance agency that was created by Congress to insure bank deposits and inspire public confidence in banking institutions. It was created in 1933, after the stock … Continue reading

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The Real State of the Union: There Will Be Blood

President Barack Obama delivered the State of the Union address last night and 19.4 million viewers tuned in– a 6% decline over last year. If you only listened to what the President said, you might think our country was in … Continue reading

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Recession Officially Hits Japan; British PM Cameron Warns: “Red lights are flashing on the global economy”

Japan’s GDP for Q3 has shrunk for the second-straight quarter, officially signaling that the country is in a full-blown recession, it was revealed today. After declines of 7.3% in the second quarter of 2014, the country experienced further decline of … Continue reading

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European Central Bank Begins Bond-Buying Program

The European Central Bank has begun its bond-buying program as part of an effort to prevent a triple-dip recession and enhance the current stimulus plan, the bank announced today.  Mario Draghi, the President of the ECB, has announced that he … Continue reading

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