woensdag 5 november 2008

More money at home


The escalation of the bank crisis has led to saving money at home, because the families have lost their faith in the banks.
The demand of notes increases every year at the start of a holiday period, but between 26 September and 3 October we determine a strong increase of note turn, that can only be explained by the distrust of families in their bank, due to the bank crisis. The bank crisis has already led to the closure of two banks in Iceland:. Kaupthing and Landesbanki. Today families need the confirmation that the bank crisis can be solved with the rescue plans of the European governments.

Lotte Olaerts

Source: http://www.tijd.be/nieuws/

zondag 2 november 2008

Best for the economy? Obama or McCain?

During the last few weeks,or better yet months, the economy became the number one topic in both candidates campaign and even though they strive towards the same goal,they have a different approach.
But does it matter for Wall Street who gets elected? And for the EU?
Ofcourse some industries would florish more than others when a Democrat would be in charge and the other way around. But some say Obama would be good news not only for the US itself,but also for the rest of the world,which might lead to an end of the recession.

simon rosseel
Source : De Morgen