Tag: financial crisis

More Tips for Backing Up Your CRE

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Here are some of my suggestions for back up programs: Windows computers offer a plethora of third-party programs for relatively cheap. My suggestion for a near enterprise-level backup schemes and security is Acronis True Image. This flexible and powerful program can actually create full, live disk images of your PC so that when the time […]

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CRE & Economic Forecasts Remain Predictably Grim

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Disaster might rear its ugly head once again in the shape of a second, more devastating recession in the United States. Just when the U.S. started the arduous task of digging themselves out of their financial hole, another tsunami in the form of the “debt deal debacle” came and washed away all their progress. But […]

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Deficit, National Debt: What’s the Difference?

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Debt ceiling, deficit, national debt, financial crisis—lately these words have been thrown around carelessly by everyone from congressional leaders to your grandmother. The current situation in the United States has everyone talking, but are they really listening (and understanding) the words they are regurgitating? “Deficit,” “national debt” and “debt ceiling,” have been reeled off so […]

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CRE & Others to Benefit from Gov’t Spending Cuts

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Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce […]

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US Self-Destructs in Less Than 7 Days

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Less than a week to go until our country self-destructs in a financial massacre. It seems like only yesterday I was writing about the August 2 deadline and how government officials better get their act together to come up with a plan before we default. I honestly thought they would have figured something out by […]

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Borrowers Rule, Lenders Drool

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Banks are calling out— come take our money! Apparently there is quite a large amount of unused capital sitting in these credit unions, just waiting to be exploited. And you thought we were in a recession? Deficit who? Local industry specialists remark that this abundance of “extra money” is the result of the competitive lending […]

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America: Shattering Debt Ceilings and Dreams

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Our country is in debt, have you heard? Actually, we are so financially overdrawn we’ve blasted straight through that glass ceiling of our $14.29 trillion dollar limit 24 days ago and we keep soaring higher. And as it turns out, some people have noticed. Recently, Standard and Poor’s took our “stable” fiscal title and threw […]

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