Sunday, September 13, 2009

Money education 1

April 2008 - Watch this from Jeff Block of Thomson Financial's Corporate Advisory Services group as he discusses Credit Default Swaps. In this video he mentions that they are valued at almost 46 trillion dollars, "almost five times the size of the U.S. national debt."

August 2007 - Watch this from itulipdotcom where they are pointing out that there is a big problem.
and this from smartknowledgeu who is warning that the crisis hasn't come to a bottom yet and this is a tool created to try to unite the public to take back control of the economy. Also see endfinancialfraud on youtube.

Here's the story from 60 minutes called "Financial WMDs".  This story is dated August 30, 2009.

More than once, I have heard such suggestions as taking your money out of the bank, buying up stores of food, storing water, and putting your money into things you need or gold and silver if you can get into the stock market. See MoneyMasters.

Finance and financial services can't be everyone's calling, but money IS everyone's business as it is our means of exchange at this time.

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