Sandra T., who has asked that her full name not be published, contributed this article about her own experience during the mortgage crisis in the United States:
In 2004, my three children aged 4, 6, and 12 and I were living in public housing. The area was ridden with crime, and although the free rent was nice, especially since their father wasn’t paying child support and I was unemployed, but staying in that negative environment with my kids was no longer ...
Continue →
The International Monetary Fund’s Global Financial Stability Report is traditionally very conservative in its assessment of the world’s economic status. The most recent report was released on September 21, and warns that the world economy is quickly entering a “danger zone.” A group of protestors, assembled under the banner of “Occupy Wall Street” have had enough, and are actively protesting the corruption that seems rampant in the mortgage industry and trading. The IMF has downgraded its estimate for global growth from ...
Continue →
Several top economists and finance ...
Continue →