Although the current recession presents obvious financial problems for many Americans and is affecting other markets worldwide, the comparisons between this economic crisis and the Great Depression tend to be more misleading and perhaps dramatic, than accurate. A few examples of this would be the unemployment rate. During the Great Depression the unemployment rate was […]

Comparing the Current Recession to the Great Depression The current recession has created financial challenges for many Americans and impacted markets worldwide. However, comparisons between this economic crisis and the Great Depression are often exaggerated and misleading. Unemployment Then and Now During the Great Depression, the unemployment rate soared to 25%. Today, during the so-called […]

Understanding the Financial Reform Bill You may have seen recent news about the Financial Reform Bill, but its implications for your finances may still seem unclear. While the bill proposes changes, it may not immediately impact your current loans or financial situation. Essentially, the bill acts as a safeguard to prevent future financial crises. Key […]