Tag Archives: global gdp

I’m Hit By The Credit Contraction

Posted on December 31, 2008 by Luke Ford

A year ago, I was still getting awesome credit card offers promising a year without interest payments and other incentives. My credit score is over 600. Neither my score nor my financial situation has changed much in the past year. … Continue reading →

Posted in Personal | Tagged Barack Obama, charles r morris, citi card, credit card debt, credit score, global gdp, interest payments, paul volcker, prometheus books, world gdp | Comments Off

The Trillion Dollar Meltdown

Posted on December 30, 2008 by Luke Ford

Remember the Spring of 2007? Everything was great with the economy. Consumer spending was strong. The credit markets looked strong. Sure, the real estate bubble had burst. I am reading this 2008 book by Charles Morris, "The Trillion Dollar Meltdown: … Continue reading →

Posted in Economics | Tagged ben bernanke, citigroup cfo, collateralized debt obligations, collateralized loan obligations, global gdp, hank paulson | Comments Off

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