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Banking Goes MLM with Prepaid Visa Debit Cards at ViTel Wireless Business Opportunity.flv
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Will QE2 Save the Economy?
FED is trying to make sure debtors can pay their debt with interest so that banks do not need another bailout. But the problem itself is caused by bankers who create money out of thin air when we borrow and demand interest for it: http://www.kondratieffwavecycle.com/credit-inflation/ The money to pay existing debt with interest does not exist. Money supply is X, but they are asking for X+I. For decades, we paid old debt with new debt. But now borrowing has stopped and deflationary crash is ...Read more »
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What can the FED do to save the economy?
The problem is too big to fix. Record stimuli, FED's 0% interest have not stopped the downward spiral. Why? Banks have been lending to the wrong borrower for decades. Since 1980s loans to the businesses have contracted, and loans to the consumer has expanded. Business loans are used to create value. They contribute more to the real economy. The likelyhood that they will be paid back is higher. But consumer loans do not provide value. Consumers consume. They do not produce. Today, banks are ...Read more »
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Causes of the Economic Crisis
Current economic crisis is not the making of one or two governments. They are all the same. The monetary system is flawed and the past governments created the problem trying to avoid recession and achieve fake growth in their term. Banks create money when we borrow. This new money makes the government look good because when there is more money in the economy, it becomes easy to earn it. So people think the government is doing a good job. To postpone every recession, and make it a smooth ...Read more »
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Understanding FHA and Conventional Mortgages
In today's market, there are two programs most people will choose from when shopping for a mortgage. Several years ago there were dozens, but the financial crisis reduced the number of risky programs lenders are willing to promote, leaving the bread and butter loan programs for borrowers who qualify based on traditional underwriting guidelines. Today's the majority of today's homebuyers will choose between FHA and Conventional ...Read more »
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Choices that Make a Difference about your 401k Rollover
Typically, the particular words IRA rollover as well as 401(k) rollover are employed interchangeably because individuals make use of both words to describe the transition of assets from a 401k plan to the IRA after they either change jobs or cease working. The key reasons why it is popular to transfer assets from the 401k plan when separating from the business is for a larger choice of investment choices and perhaps greater returns and also greater control over your own retirement assets. The ...Read more »•
Tv9 Gujarat - Reserve Bank removes various charges of Banking whereas Private Banks continue them
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