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Collapse of the Auto Industry Affects Everyone
2008-12-02 09:11:17
If the big three automakers fail, a chain reaction will tear through the economy. More than $150 billion in tax revenue will be lost over a period of three years, and over 3 million jobs wiped out, according to a study by the Center for Automotive Research in Ann Arbor on the economic impact of [...]


Cyber Monday 2008: History in the Making?
2008-12-01 07:56:59
Despite the endless parade of bad economic news all of us keep hearing from every media outlet, the 2008 online holiday shopping could break some records. In what has traditionally been called “Cyber Monday ” (the Monday after Thanksgiving, traditionally the busiest online shopping day of the year), there should be plenty of people poised at [...]
Read more: History

Black Friday 2008 Arrives
2008-11-26 12:22:42
When I was young, the term “Black Friday ” always had an ominous tone about it, along the lines of “Black Monday,” “Black Tuesday,” and “Black Friday ,” terms associated with the stock market crash of 1929. (I’m not old enough to remember the stock market crash — heck, neither are my parents — but I’m [...]


The Purpose of Credit Cards
2008-11-26 09:16:06
Credit cards have become a way for people to get what they want instantly, when they don’t have the cash available to buy it. Credit cards weren’t exactly designed with the intent of giving people everything they wanted regardless of their ability to afford it or not, even though that’s what many people often [...]
Read more: Cards , Credit Cards , Purpose

Are You Seeing Red Yet?
2008-11-25 15:47:09
Being a personal finance writer means reading and writing about the state of the economy on a daily basis, at a time when there’s not a whole lot of good news out there. Inflation fears one month, deflation the next. Falling prices following closely on the heels of rising prices. Rescue plans in assorted flavors. [...]
Read more: Seeing

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