Vinny’s Blog

Forget that TGIF stuff, it’s not happening this week, considering what happened in the markets yesterday this is no laughing time. It’s time to understand…..what’s going on.

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Please pay attention to this. This is really serious………..this is coming from Mr. Paulson directly that is enough indication that if this was not a serious possibility it would not have come from him. Remember Money Market accounts are not FDIC insured.

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What can I say…….writing is on the wall. I once said - that history is not old only once - when it’s being made……..what you’re watching today is history in making……allow me to take you through few Trillion dollar figures, and these are only rough numbers…actual numbers may be even higher. It’s important to see bigger [...]

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…..I know it’s Friday and it’s TGIF time it’s time for a joke…..but bear with me for a minute because this is good and I am complementing myself for this….as I almost saw this coming early on only lacked proof. And yes ! That Friday’s joke is here in this post…….and believe me this Friday’s [...]

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This is a very complex concept to explain. I had trouble explaining this to my friends. I had been trying to find a better way for explaining this concept.
Most people even those who work in banks don’t konw answer to these questions.
How did banking started ?
Where does money come from ?
How debt is created ?
How  credit [...]

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