01st December 2008
By
Corney Vanhelden
It is a known fact that the economy is badly affected and that banks are struggling to survive.
And we all know that the government has decided to come to the rescue of those banks by offering financial bail outs.
We were al...
01st December 2008
Okay, my illustrious readers, I want you to sit down and come with me on a modern day horror story that will leave you quaking in your boots – I promise!!
Here we go.
One upon a time there was a successful entrepreneur who owned and operated a furnit...
27th November 2008
by Corney Vanhelden
Russia is now faced with another possible huge devaluation of the ruble.
While some still say that nothing has changed, the crisis is evidently imminent, and whether it is going to be a major fall in the value of the ruble or ju...
24th November 2008
All of us are aware that the economy is currently in turmoil – the deficits in budget are on an ever-spiraling growth curve, mortgage payment defaults are continuously on the rise, spending power has drastically decreased!
Experts say that all these fi...
24th November 2008
By Corney Vanhelden
What I’m talking about here are currency zones: geographic areas that use a specific currency for most financial transactions.
Did you know that in the world today there are four major currency zones? Those zones and their respecti...
