It is difficult to see what central bankers and politicians would have done differently if they had purposely gone out to try and destroy baby boomer generations wealth. They have decimated pensions, property values, savings rates, annuity rates and equity portfolios all at the same time, all over the West, all stemming from the same basic mistakes. Read the rest of this entry »
Archive for August, 2009
The Credit Card Law: Credit Card Accountability, Responsibility and Disclosure Act will be implemented step by step between August this year to August 2010. The law contains 13 main executive directives. These are as follows: