Tags » Debt

10 Things I Learned From Teaching a Personal Finance Class

2016-2017 has been one of the craziest years in my teaching career. My principal texted me last July to ask me to teach personal financial responsibility, a course encouraged, but not required, for high school students by the state of Indiana. 1,580 more words

Debt

Dance (an acrostic poem)

Debts keep climbing the walls of financial stability

Assaulting sensibility with extreme prejudice

Not leaving wiggle room as people squirm under the pressure… 20 more words

Acrostic Poem

Fed Will Blink 

Source: International Man, by Bill Bonner

There was a time when central banking was an honest profession.

Central bankers provided financing for the government. They backed the banking system, too, by holding savings as reserves, which they lent to solvent member banks in emergencies. 353 more words

Financial/Societal Collapse And Dependence

Puerto Rico Pension and Highway Agency Declare Bankruptcy

The highway authority and the largest public pension in Puerto Rico have joined in declaring bankruptcy protection (link).

Economy

Khan Academy explains Fractional Reserve Banking

https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/fractional-reserve-banking-tut/v/overview-of-fractional-reserve-banking

This praiseworthy organisation is known for providing free, all accessible learning for everyone on a range of core topics.

It does a sterling job of condensing hard to understand subjects, into bite size, digestible knowledge… 138 more words

Debt