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MP attempts to ban high rates of Payday loans Perhaps you haven’t noticed it but the idea that credit works indefinitely appears to be nothing more than an illusion. However, people still need credit aids from time to time like payday loans. What is quite strange is the political will to get involved. While the world crumbles due to the excess of the last 10 plus years a certain Scottish independent MP wishes to create a new fair access to credit… Read more... Payday Lenders keep the UK running In 2011 payday lenders in the UK are just about keeping a segment of the population afloat. People are living without savings and so any form of emergency is a massive issue for them. Payday loans are great for those times when you need the extra cash and you need it quickly for a temporary financial problem. There are different types of payday loans available and it’s wise to explore… Read more... The Demise of the Euro Western currencies, the mainstay of the global economy, are failing and none is failing harder than the Euro. Indeed, the eurozone members themselves continue the inexplicable description of the Euro as an “experiment”. Thus far their “experiment” is a failure. Greece is being kept alive on life support while it’s heart is telling the rest of the world to switch off the machine. Portugal refuses to adhere to any form… Read more... French banks trail blaze the retreat While it is not uncommon to use the words French and Retreat in the same sentence it is becoming clear that they have realised just how bad things are for the so called PIGS. Recent figures from the BIS (Bank of International Settlements) clearly show that they believe Greece, Ireland, Greece and Spain are about ready for the fork. The banks are refusing deals in the PIGS, those economies in… Read more... India and Steel Indian imports of Steel appear to be in a massive decline. Aided by the falling value of the Indian Rupee against the dollar and the high price of steel as China buys up the worlds commodities data collected at several Indian ports suggests imports have fallen by over 65% over the last year. Imports of sheets, plates and hot rolled coils have plummeted from 509,000 tonnes in April 2010 to… Read more... Belarus, Ireland, Greece equals BIG Headache Saturday 4th of June 2011 was a big day for the IMF and it’s newly acquired debt slaves. In Ireland the government announced a haircut for the junior bondholders it roped in to share an interest in the fundraising efforts to keep the celtic pussycat above water. The bank of Ireland said that they will undertake a rights issue at a price of 10c meaning a tenth of the initial… Read more... Loanfinder services face OFT threat Yes hang onto your hats the Office of Fair Trading is considering doing something about UK loanfinder companies who charge upfront fees but refuse to pay them back if the applicant does not get a loan. Although it was not pioneered by him James Benamor of FLM Loans and Loanfinder began his loan selling career by going door to door offering to find loans for people in exchange for a… Read more... The intervention of Greece Greece gets downgraded yet again by Moody’s and the world goes about it’s daily business. Why was Greece downgrade I hear you cry, because there is according to Moody’s a 50% chance that they will default within the next 5 years. Left to it’s own devices Greece would have defaulted months ago. Now it can only default if the euro fails or they leave the european union and go to… Read more...
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Greek Default and the Euro Lives? Dodaj jedan I read an interesting report today from someone high up in a top European Bank. They claim that there will be a minimum 50% haircut for the Greek creditors but that Greece will stay in the euro. Now this intrigues me because a small default is not really going to stop the debt slave procession indeed if anything it will cause more pain for longer. However, what about the other option of a full default plus a return to the Drachma. What then? Well I can only see a double dose of pain from this as the Drachma will surely become worthless on the world stage rather rapidly. The other point that makes this a believable scenario is that there is simply not the legal framework in place in Europe to be able to kick anyone out. Or indeed what happens if someone does actually leave. But this does not stop people like Marc Faber believing that at least one country will leave whether it is Portugal or Greece he is not sure. Personally I believe the southern states of Europe are in the most trouble and would gain the most from exiting, with the possible exception of Italy. Returning to cheap tourist destinations could save them in the medium term as well as make their produce much much more competitive on the global playing field. Either way without a default Greece may as well end it all now. At least a default gives it a chance. Tags:zadana , drahma , Ja , Grčka Payday zajmovi tvrtkama u nevolji ponovno Da, to je još jedan veliki šok, ali znam nekoliko payday krediti poduzećima su bili uhvaćeni od strane Koji? istražnih i usporedbu tvrtke koje su pomažu potrošačima u Velikoj Britaniji za mnoge mnogo godina. Učinkovito 2 glavni payday krediti poduzećima su pronađeni prodaje podataka treći strankama (uobičajena praksa, naravno,) i trgovinu, sa ili kršenje njihove potrošački kredit dozvole. I also liked how there was no mention…Pročitajte više ... Tags:travnja , payday krediti , koji? Euro…stvarno? Ja sam pisao o euru prije, ali mislim da je sada dovoljno je dovoljno. Svi podaci pokazuju euro je mrtav. Centralno upravljao fiskalne lijek će biti primljene kao nacisti u Poljskoj 1940, i to je samo jedan od mnogih razloga zašto Nijemci ne mogu, neće, i ne žele ga provoditi. It sounds great in principle but how can you convince a…Pročitajte više ... Tags:Smrt eura , Nigel Farage MP attempts to ban high rates of Payday loans Perhaps you haven’t noticed it but the idea that credit works indefinitely appears to be nothing more than an illusion. However, people still need credit aids from time to time like payday loans. What is quite strange is the political will to get involved. While the world crumbles due to the excess of the last 10 plus years a certain Scottish independent MP wishes to create a new fair access to credit…Pročitajte više ... Payday lenders zadržati u Velikoj Britaniji pokrenut In 2011 payday lenders in the UK are just about keeping a segment of the population afloat. People are living without savings and so any form of emergency is a massive issue for them. Payday loans are great for those times when you need the extra cash and you need it quickly for a temporary financial problem. There are different types of payday loans available and it’s wise to explore…Pročitajte više ... Propasti eura Zapadna valutama, uporište svjetskog gospodarstva, su u nedostatku i nitko je nije teže nego eura. Doista, eurozone sami članovi i dalje neobjašnjive opis eura kao “experiment”. Do sada njihov “eksperiment” je neuspjeh. Grčka se održava na životu na održavanje života, a to je srce govori ostatak svijeta kako biste isključili uređaj. Portugal refuses to adhere to any form…Pročitajte više ... Francuske banke staza Blaze povlačenje Iako to nije neuobičajeno da se koriste riječi francuskog i Retreat u istoj rečenici to postaje jasno da su shvatili koliko loše stvari su za tzv SVINJE. Nedavne ličnosti iz BIS-a (Bank of International Settlements) jasno pokazuju da oni vjeruju Grčka, Irska, Grčka i Španjolska su oko spremni za vilica. Banke odbija se bavi u svinja, those economies in…Pročitajte više ... Indija i čelik Indijski uvoz čelika pojavljuju se u masivnim padu. Uz pomoć pada vrijednosti indijske rupija prema dolaru i visoke cijene čelika kao što su Kina kupuje gore svjetovi roba podataka prikupljenih na više indijskom lukama predlaže uvoz pao za više od 65% tijekom prošle godine. Uvoz listova, ploče i vruće valjane zavojnice imaju padom od 509,000 tona u travnju 2010 na…Pročitajte više ... Bjelorusija, Irska, 希臘等於大傷腦筋 Subota 4. lipnja 2011 je bio veliki dan za MMF i to nedavno je stekla duga robova. U Irskoj je vlada najavila frizura za junior bondholders ga roped u zajednički interes za prikupljanje sredstava napore kako bi Celtic Pussycat iznad vode. The bank of Ireland said that they will undertake a rights issue at a price of 10c meaning a tenth of the initial…Pročitajte više ... Loanfinder usluga lice često prijetnja Da objesiti na svoje kape Ured Fair Trading je s obzirom na događaj nešto o britanskoj loanfinder tvrtki koja naplaćuje naknade unaprijed, ali odbijaju platiti ih natrag, ako podnositelj zahtjeva ne dobije kredit. Although it was not pioneered by him James Benamor of FLM Loans and Loanfinder began his loan selling career by going door to door offering to find loans for people in exchange for a…Pročitajte više ...