Stock Quotes

DJIA10465.94  chart-1.22
NASDAQ2254.70  chart+3.01
S&P 5001101.60  chart+0.07
2010-07-30 16:02

An Interesting Factoid About Credit

The word ”credit” is actually derived from the Latin word ”credere”, which means “to believe” or “to entrust”.

As you already know our entire economic system is based on credit, or put in other terms… the belief that contracts will be honored, loans will be repaid and the entire system in general will continue functioning as it should.  When the [...]