Posts Tagged ‘economic crisis’

Are Political Scare Tactics Becoming Impotent?

Posted by Brett Greene | Filed under Books, Politics, Psychology, Religion, The Brain, Videos | Oct 13, 2008 | Tags: barack obama, current events, economic crisis, economic distress, economy, election, fear mongering, john mccain, kluge, political conventions, political rallies, politics of fear, presidential election, race baiting, sarah palin, scare tactics, stock market, stocks | No Comments

Something very cool seems to be happening in politics. It seems like the old politics of fear aren’t working as well as they used to in the current presidential election campaigns. Maybe people have finally been so pummeled with lies in such a short period of time that they’re less inclined to swallow a mouthful ...Read more.

Maxed Out Movie Explains How Credit Card Companies Operate

Posted by Brett Greene | Filed under Consumerism, Money, Movies, Videos | Oct 11, 2008 | Tags: 60 minutes, bailout, credit, credit card meltdown, credit cards, credit meltdown, current events, dave ramsey, debt, debt management, debt recovery, economic crisis, economy, film, finance, financial crisis, financial peace, movie, payday loans, predatory lending, total money makeover | No Comments

It’s already being prophesized that the next financial meltdown wave will be focused on credit card debt. The abuse of credit cards by both lenders and borrowers has been well documented for awhile. Since most of the population blindly racks up credit card debt with little awareness around the pitfalls of being on the giving ...Read more.

Our “Unpredictable” Economic Crisis Was Predicted 12 Years Ago

Posted by Brett Greene | Filed under Books, Money, Politics, Spin, Videos | Oct 8, 2008 | Tags: bailout, bank crisis, banking, current events, economic crisis, financial crisis, fooled by randomness, greed, Nassim Nicholas Taleb, news, the black swan, wall street | 1 Comment

Nassim Nicholas Taleb, the #1 NYT Best Selling author of Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets and The Black Swan: The Impact of the Highly Improbable, predicted the current banking crisis 12 years ago. As a trader for 18 years, and an intelligent critical thinker his entire ...Read more.