Tag Archives: economics

How Much Do You Need In Your Rainy Day Fund?

Utah, like so many other states, is trying to adapt their state budget to the current economic conditions. In general this translates into budget shortfalls, often resulting in spending cuts and tax increases. I recently received a flyer from Senator … Continue reading

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What Are Credit Default Swaps?

Since the economic markets started imploding in a major way earlier this year we’ve hear a lot about about “credit default swaps” (CDS). I’ve seen a few attempts to explain what these particular financial tools are but still didn’t feel … Continue reading

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