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Cultural Shifts

Posts Tagged ‘credit’


Money, Debt and the Subprime Crisis

By Eliot Che — January 27th, 2008
There is a short animated documentary called Money as Debt worth checking out. The video, which goes through a brief history of monetary and banking systems, raises a number of questions that relate to the US subprime crisis, not to mention the global financial …


Moody’s: US may lose triple-A credit rating

By Eliot Che — January 12th, 2008
The Financial Times is reporting that the US may lose it’s triple-A credit rating due to the nation’s rising healthcare and social security spending. The change would be the first since 1917. Of course, FT goes on to contend that the triple-A rating doesn’t …