Tag: Interest

Why Debt Will Never Stop Growing

We are now a long way from the days when banks existed to look after your pot of gold. There is no pile of money in your bank labelled with your name, only an entry in a database that says you should be given this amount of money when you ask for it. Let’s imagine […]

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Mortgages : How to Find a Good Mortgage Lender

How to find a mortgage lender, a good mortgage lender. Hi, my name’s Adriel Torres. I’m the owner of ultimatecredittoday.com. To find a good mortgage lender, we all know there are thousands out there. As a matter of fact mortgage is probably one of the most search words on the Internet. Here’s a suggestion. It’s […]

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Why is there so much Debt?

Why is there so much debt? 10 years before the financial crisis started, individuals and families in the UK had a total of £480 billion of debt. Since then, our debt has more than doubled. But who did we borrow all this money from? Was it from an army of grannies who have spent their […]

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The Greek Debt Crisis Explained in Four Minutes

Good morning Hank, it’s Friday! Good morning Hank, it’s Friday you know in my hug bucket? Greece. every time I see Greece just wanna give it a big ol’ hug. I don’t, however wanna give them a 150 billion euro and therein lies a problem. Okay, so I wanna to talk about sovereign debt today, […]

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What to know if you have a debt with the CRA

9 out of 10! 9 out of 10 Canadians who owe tax pay it on time. If you are among the vast majority of Canadians who are paying what they owe on time, you avoid penalties and interest. But, most importantly, you are giving yourself peace of mind. Do you owe taxes or other government […]

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Understanding the National Debt and Budget Deficit

Good morning Hank, it’s Tuesday. So, one of the biggest issues in global politics these days is government debt and deficits, which is a particularly big deal in the United States because of the Presidential campaign and also because of the looming fiscal cliff. And Hank, as you’ll no doubt remember, I received a bronze […]

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Finance: The History of Money (combined)

The history of money in ten minutes number one early money Long before money was invented people were quite happy making doing and growing things from one another in small communities they could largely remember the payments and receipts of what was exchanged keeping tabs or tallies of these exchanges helped with a key requirement […]

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What Are the Dangers of Too Much Debt?

As of 2011, the federal government owes $10.1 trillion to people, corporations, and foreign governments and another $4.6 trillion to the Social Security Trust Fund. This doesn’t count an additional $50 trillion or more that the government has promised to current and future Social Security and Medicare recipients that it will not have the money […]

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Adjusting Entries- loans payable / loans receivable (simplified) (little 2 of 7)

Hi, this Bennet Tchaikovsky and welcome to adjusting entries Part two. This is a simplified presentation from the earlier one that I did this is focusing on the initial journal entry and the adjusting journal entry only Disclaimer and copyright notice the information and opinions in this presentation are those of the author only and […]

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