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The Economist Who Predicted the Financial Crisis

The economist who predicted the financial crisis just sounded another alarm—it would be wise to listen this time

By Manuel Hinds September 22, 2013

Manuel Hinds is El Salvador’s former finance minister. He also has worked with the World Bank in the public and private sector. In 2010, he won the Manhattan Institute’s Hayek Prize.

Raghuram Rajan, left, was not afraid to take on Alan Greenspan. And now, he’s sounding another clarion call as India’s new central banker. Reuters/Danish Siddiqui

In his first official act as the new governor of the Reserve Bank of India (RBI), Raghuram Rajan raised the benchmark interest rate from 7.25 to 7.5%, causing a ripple of surprise in financial circles and eliciting protests from various business representatives. But for people who know the current condition of emerging markets and Rajan’s professional trajectory, this was not surprising, at all.

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How to Be a Savvy Loan Shopper

Be a Savvy Loan Shopper… by Jen Hudson, GRI

 

When buying a car, you want go out and compare the best deals available, right?  If you find a car that is a “steal,” then you know you should look a little closer at the details and ask why.  Are they offering a warranty, a dealer incentive or maybe you are trading something else in.  Would you agree that these different details could drastically impact your final sales price?

Well, the same principal applies when shopping for a home loan.  You certainly don’t want to wind up with a lemon, so learn to be a savvy shopper.  Here are some tips and common mistakes people make when shopping for a home loan. Continue reading “How to Be a Savvy Loan Shopper”