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Ike Eze

Entries by Ike Eze

Dr. Strangelove & Loving the Recession

(0) Comments | Posted December 2, 2008 | 5:00 PM

It seems like the race to the White House was a few months ago, not just a few weeks. The ballots were counted - and we've immediately turned our attention back to the issues at hand: the economy, job losses, and of course, the bailouts.

Yes, bailouts. Plural. Apparently, the...

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The Waffle Guy, or, Financial Independence in Uncertain Times

(1) Comments | Posted October 29, 2008 | 12:57 PM

During dire economic times, most of us face the predicament of either worrying ourselves to death or just accepting whatever outcome with little anxiety. Those in the latter group need read no further - this article is not for you. To everyone else, here's a thought: You really can play...

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Breaking the Credit Habit: Not as Impossible As They Said it Would Be

(7) Comments | Posted October 22, 2008 | 12:20 PM

Did the economic toil of 2008 push cash-strapped consumers to wildly apply for credit cards and default on their existing debt? Not remotely, according to a bit of research:

  1. National credit card debt per credit borrower in the US was $1,717 in the second quarter of 2008 - up 2.63...
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It's the Cash Flow, Stupid

(3) Comments | Posted October 17, 2008 | 4:34 AM

Over the next year or so, almost one trillion dollars could be injected into the banking and financial system. It almost seems like play money. Million, billion, trillion - what's the difference?

The collapse of major investment banks (have you heard about this yet?) was a major shock to our...

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Stay Away From Me, Credit Card Crisis

(7) Comments | Posted October 6, 2008 | 11:13 PM

Bailout. Meltdown. Housing crisis. Credit crunch.

If these words don't instill some sort of panic in you -- however contained -- then you are a rare bird. Granted, unless you were one of the thousands turned out on Wall Street, the hundreds of thousands who lost their home to the...

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