In multiple interviews, Peter Schiff, explains that US Economy foundation is weaker and ‘the game is over America’.  He also predicted in detail what markets are affected, credit crunch and how it will lead to recession, only to be laughed away by rest of the Pros on TV.  We all should have watched it earlier [...]

Good news for first time home buyers. You may defer tax up to $7,500 in your next year tax filings and you get 15 years to pay that tax amount. First-Time Home Buyer Tax Credit at a Glance The tax credit is available for first-time home buyers only. The maximum credit amount is $7,500. The [...]

There is a silver lining to the economic turbulence in Indian markets. Net effect of the economic turbulence is that top 10 firms in fact notched up their market valuations. Breaking its six-week long losing trend, country’s top 10 club added over Rs. 20,000 crores to the combined market valuation in the past week, even [...]

Why not bail out failed home owners, the root cause of the whole sub prime mess and financial blackout? Bailing out businesses will not help home owners, as the original problem is still left out, and only fixing side effects.

There was a significant hike in the prices of rice in US. Some varieties of rice is just not available any more in most Asian grocery stores. I heard that American top leaders including George Bush blaming India and China for the shortage saying that people from those countries are eating more as the middle [...]