Tax BLUNDER- Quiz

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Mortgage modification and negative equity

This week I have two new financial expressions for you “negative equity” and “a mortgage moderation.” Check out their meaning on my squidoo lens.

These expressions come from a long Guardian article on the US housing market. The article reveals some shocking statistics about the property market in the US and also a very interesting and unusual way which the government is encouraging the lenders to use in the hope of solving this problem.

Is negative equity a big problem where you live? Discuss the “jamboree of delinquent borrowers” with your partner. Would people be interested in this type of help in your country or would they prefer to keep their financial problems private.
Read the article carefully and then try the quiz in the next post.

Structural problems of the US Economy

America's century is over, but it will fight on


This week’s Guardian article is a longer one than usual, it is about the structural problems in the American economy.


We have had quite a few of these negative articles in the press this week and I am not sure that so much negativity helps any economy.

What do you think? Discuss the following question with a fellow student or your tutor.

Does constant negativity in the press depress the people and the economy further?

There is a lot of good vocabulary in this article- check you know the meaning of the following words before you read the article and then answer the quiz which will be in the next post.

Deepseated
Pithy
Robust
Foreclosures
Liquidity
Stringent
Retrenchment
Bleaker

Looking forward to chatting again next week

Quantitative Easing

This week you have an economist from the other side of the pond to read about. Ben Bernanke who is the Chairman of the US Federal Reserve is talking about avoiding a further plunge into recession and it would seem that his views are not the same as those of the European politicians.He is much more in favour of quantitative easing
Read the Guardian article and then you have more quiz questions to answer. Good Luck and have fun with economics.
finance
education

Commercial Property Market (CPM)

This week’s article is about the commercial property market in the UK. Commercial property is a very important measure of the state of an economy.
Read the article from the Guardian and then try the quiz which follows this posting.
There is a writing question at the end that you can ask your teacher to mark or send to blogger2002-finance@yahoo.co.uk for a response.