Tag: deleveraging
Signs of Deleveraging-post #6
It’s been well over a year since I’ve posted anything about deleveraging but this article in the NY Times over the weekend caught my eye. Deleveraging is a phenomenon we’re seeing across the US economy where households and corporations are paying down debt in the wake of the subprime crisis. Part of the reason for [...]
Posted: June 7th, 2010 under Refinancing.
Tags: 20 year mortgage, deleveraging, personal finance trends June 2010, signs of deleveraging
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Deleverage post #4
Gary Shilling wrote this piece for Forbes.com on the topic of deleveraging. I began blogging about this topic back in September because I believe virtually all households and businesses will need to look for ways to deleverage over the course of the next few years. Furthermore, in 20 years from now I believe we’ll look [...]
Posted: December 1st, 2008 under Personal Finance.
Tags: budget, deleverage, deleveraging, save more, spend less
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Deleveraging begins according to Fed data
Back on September 29th I wrote this post regarding the concept of “deleveraging”. Over the past few decades American households and corporations were addicted to debt. We used credit cards, home equity lines of credit, mortgage loans, auto loans, etc. to accelerate our consumption. However, our unabated use of debt lead us to where we [...]
Posted: October 8th, 2008 under Debt, Personal Finance.
Tags: borrowing, consumer credit, Debt, deleverage, deleveraging, implications of credit crisis
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Rate Update September 18, 2008
Rates are unchanged from yesterday’s levels which were sharply higher from the previous day. After dropping close to 500 points in each of the past two days, the Dow Jones Industrial Average is trading in positive territory thanks to creative efforts on the part of the Fed to restore confidence in the financial system. This [...]
Posted: September 18th, 2008 under Rate Update.
Tags: deleveraging, financial disease
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