Bubbles and balloons, however, eventually burst and our present economic conditions have the semblance of a gaudy Mylar balloon from the Dollar Tree, one, perhaps, with a smiley face on it, already beginning to show signs of deflation from having been too long on display.
Whatever the history, eating seed corn in the literal as well as the metaphorical sense has now become business as usual, as we consume the means of generating future sustenance in the name of present advantage. The explosion of credit boosts the phenomenon exponentially.
Have you ever thought about how money is created? Or how some modern banks started? Is the value of money based on something real, like gold? Would it frighten you if money was created out of thin air?
The credit card skimmer is one of the most interesting tools in the identity theft arsenal. These simple yet surprisingly sophisticated devices are installed in ATM terminals, on gas pumps, in retail stores and many other places where consumers routinely swipe their credit and debit cards.
It’s hard to imagine a time without money but in fact such a time did once exist. When humans first began living off the land, there was no need for money. We only owned what we could carry and there was very little reason to trade.
Technology’s advancements have placed in jeopardy the job security of many individuals. Their fear is that they will soon become obsolete – that a cheaply-produced and easily-programmed robot will supplant them from their position, offering management structures a mechanical employee that will cost pennies on the dollar; that will never request vacation time; and that will never call in sick. What does this mean for human labour?
On top of using his mathematical prowess to make savvy business investments and bank billions, Beal has used his reputation to inspire generations of young minds.
Years ago it was stressful to open my kid’s cell phone bill because I was never certain of what surprises were in store. Now that my children are grown it has ironically become the water bill that causes such angst…
Most Canadians know by now that the government has stopped producing pennies. They remain legal tender however and can be spent and redeemed at the bank. In the meantime if you make a purchase, the vendor will round the cost up or down to the nearest five cents.
Acquiring a vacation property, or even a second home in general, is the dream of many Americans and just about every homeowner in the country. Obtaining the financing for a vacation property can be difficult for many, but there are several different ways to achieve that goal. Here are some of the things you need to know if you are planning on purchasing a vacation property through financing.