Category Archives: Stimulus Plan

What is the Money Market and Why Does It Freeze?

Source: This whole downward spiral seemed to start with U.S. subprime mortgages. What exactly are they?Subprime mortgages are home loans made to people who would not, under normal circumstances, be ideal candidates to get a mortgage – thus they are … Continue reading

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Stimulus Plan Is Nuts

The Appeal-Democrat writes that the subprime mess was created by overly-easy credit and overly-easy credit is not the right way out of the mess. What goes up often comes down. But there’s more than a market phenomenon going on here. … Continue reading

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