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Monthly Archives: June 2004
Market Behavior No Surprise
Stiglitz says the Fantastic Depression taught lessons about financial market behavior that were forgotten. He blames both Wall Street and mortgage lenders for the current monetary chaos. Recorded: January 22, 2009
My Truck Is Super Upside Down and We Can’t Refinance. Can You Help?
My husband owes a fantastic deal more on his truck than it is worth. The interest rate is ridiculous (like 17%) and we are blowing about $1500 a year in interest payment alone. The payments are also high, $400. No one will refinance it because of the low value ratio. Aside from going back in time, what can we do!?!?!?!?!? HELP!
We beyond doubt won’t let the repo-man get it! Its too nice a truck. We can handle the payments, we’re just bleeding cash. 
we learned our lesson though!
Local Currencies – Replacing Scarcity with Trust
Peak Moment 49: Francis Ayley established over a dozen local currencies in the UK before moving to the US He contrasts our standard, scarcity- and debt-based money system with local currencies in which “there’s always as much as you need.” Local currencies like his Fourth Corner Exchange issue money when members trade goods and services. Communities with local currencies will be less affected when recession or depression hits the mainstream economy. www.fourthcornerexchange.com
Will Refinancing a Home Affect Co-signing on Another?
Im a first time home buyer trying to get a house. I have everything except the income needed. My husband has the income we need but they wont use him on the loan because his credit score isn’t high enough. My member of the clergy agreed to co-sign for us to get in the door, but he is about to refinance his house. Will he still be able to do both?