The Advantages of the Roth Ira

roth iraTo get your Roth IRA questions answered, please visit roth-ira.org.

The Roth IRA provides its investors a lot of advantages over the traditional IRA. Full post…

We know what we owe — except for credit card debt

A new study takes a fresh look at one of the key facets of the credit card industry, a facet that is at once a foundational underpinning of a multibillion dollar industry and a gauzy mystery: the fog that comes over consumers when they spend with a credit card.

The new study is titled “Do We Know What We Owe?” and the authors quickly answer their own question: Yes — except for credit card debt.

The researchers looked at the differences between what people said they owed and the hard numbers from lenders showing what they really owed.

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Mo’ Mar and the Future of Oil

With the news of Muammar Gadhafi’s death reverberating throughout the globe, financial markets and oil speculators everywhere are contemplating how the event will effect production and prices. The simple logic would lead us to believe that production will increase to pre-revolution levels and with a more cooperative government in place, perhaps even grow to a level which could ensure price stability.

This may, however, just be wishful thinking. We still don’t have a clue who will come to power in Libya and what their practical policies will be.

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Solutions to EU Crisis

Readers question: What exactly are the solutions to the EU crisis?

It is a difficult question to answer. The dynamics of the single currency mean that many of the conventional solutions to economic problems cannot be used. The difficult task is to reduce levels of government borrowing whilst also managing to target economic recovery and lower unemployment.

Problems Facing EU

If you looked at an economy such as Ireland, Greece Portugal, or Spain.

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