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Icelanders Tighten Belts, End Spending Spree as Recession Looms

Citation added: September 15th, 2008, 7:53 am
Iceland deals with the fallout as its grossly enlarged banking system begins to stumble. The resemblence to Ireland is striking. Many Icelanders now want to join the Euro for monetary stability. Hmm. :-|
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iceland | economy | banking | money | recession | inflation | euro | crash

Breaking the Bank - Page 3/5

Citation added: August 11th, 2008, 5:49 am
Page 3 of 5 in Richard Douthwaite's analysis of the Irish banking system. Here he notes the risk posed by credit contraction to any banking system, "progressively more difficult for people to service their debts because, when the money supply is shrinking, there's less liquidity available out of which they can make the payments as they fall due".
Additional Source Details

money | banking | ireland | debt | credit | contraction | deflation | default | douthwaite

Breaking the Bank

Citation added: August 11th, 2008, 5:44 am
An opinion piece by economist Richard Douthwaite highlights the enormous risks to Ireland's banking system. He shows how Ireland is the most indebted country in Europe and how are becoming increasingly unable to service that debt.
Additional Source Details

ireland | economics | finance | banking | money | debt | property | crash | douthwaite

Geezeo: Educated Financial Decisions

Citation added: July 16th, 2007, 2:40 am
Geezeo is a social finance application that helps you make educated financial decisions.
Additional Source Details

finance | money | web2.0 | tools | stocks | management | resources | investing | budget | banking

How Japan sank the U.S. market - MSN Money

Citation added: June 19th, 2006, 2:05 am
Right now the Bank of Japan, not the U.S. Federal Reserve, is the most important central bank in the world. It's the Bank of Japan that's calling the tune for the world's equity markets.
Additional Source Details

economics | world | stocks | finance | article | money | banking

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banking crash credit debt default douthwaite economics finance inflation ireland money moneysupply resources stocks

The "Money Citations" area of Footnotez is authored by 5 unique contributors. "Money Citations" is also available as a RSS feed for syndication.

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