It has already been more than one year since the bankruptcy of Lehman bank has triggered a financial crisis in the United States and the entire world. Since the number of bankruptcies has been increasing, many investors have lost a lot of money. Indeed, almost everyone is wondering how safe his investments are. Politicians have [...]
Private households often have their own little financial crises. To bridge financial strains, taking a new debt seems to be an appropriate option, but many banks are very reluctant these days to hand out new credit. People who got received a negative rating by the Schufa credit bureau are not likely to get any money [...]
In the past people who owed money to others often could never get rid of that debt. The long period of limitations was 30 years and and attempt to be free of debt some day would be futile. In 1999, the German government changed this law. Since then, the debtor can file for private bankruptcy. [...]
The low dollar rate has many consequences. One of them is that there is a location advantage for American companies with regard to operating costs compared to other countries. This is one of the conclusions drawn in a study named „Competitive Alternatives“, which every two years compares conditions that are necessary to establish and maintain [...]
Many small investors put their deposits into several different daily allowance accounts in various banks. For each of these accounts, an exemption order for capital gains can be made in order to avoid full taxes. People who have a multitude of daily allowance accounts are collecting the same number of exemption orders. The investor has [...]
