Word: moneyitis
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...were holding for the occasion, the hundreds of gathered guests all howled in derision and embarrassment at the figures they heard," says David Buik, a market analyst at the London brokerage firm BGC Partners. "It wasn't antipatriotic but rather the expression of enormous frustration at seeing so much money and effort made to stimulate economic and industrial activity for such meager returns." (See pictures of the economic crisis in London...
...well. Analysts say that even though countries like France, Germany and the U.S. emerged from the recession months ago, their economic performances since then have remained very weak and vulnerable to setbacks. The reason? These countries returned to growth the same way Britain did: through massive infusions of state money to spur business activity...
Financial literacy is important in today’s world. Without a balanced understanding of how to save, invest, and spend one’s money, one can develop dangerous habits in all of these three areas that can have disastrous ramifications. People spend, save, and invest on a daily basis, and, without a proper understanding of how to handle one’s personal finances or how the financial markets work, the American economy and its participating members are left without a buoy...
...Financial Education in 2002. But most Americans have not heard of these commissions because of a lack of publicity. With a little more accessible financial knowledge and understanding of how things such as interest rates can affect one’s pocketbook, Americans will make smarter decisions, invest more money into the economy, and participate to a greater degree in the dialogue that dominates our newspapers and our thoughts...
SAGHAH’s short-term goal is to raise as much money as possible, while the long-term goal is to cement Harvard’s commitment to Haiti so that other organizations, such as PIH and HHI, can focus on their on-site response...