The current-events tag is for questions dealing with current events affecting personal finance and money issues. Note that while some explanations of these events may be on-topic, it's also easy to make a question relating to current events that's Too Localized.

learn more… | top users | synonyms

41
votes
10answers
3k views

Are you preparing for a possible dollar (USD) collapse? (How?)

After the last crisis it was easy for many to look back and say all the signs were there to indicate an impending crisis. Super-low interest rates from the FED, no down-payment loans, interest-only ...
14
votes
6answers
2k views

Why are interest rates on saving accounts so low in USA and Europe?

For example, in USA interest rates are 1-2% percents, while in Russia it is normal to have up to 8% anually for US dollars account. Same goes for Euro. For Russian ruble it can be up to 12%, but with ...
3
votes
2answers
323 views

Why certain currencies are considered safe havens in times of turmoil

Why are the Japanese Yen and the Swiss Franc are considered safe currency havens in times of turmoil, like the present crisis is Russia-Ukraine? Both these currencies have become stronger against ...
4
votes
2answers
59 views

Capitalize on a falling INR

Recently the INR has taken a beating. As an Indian retail investor, is there a way to capitalize on this? Assuming that the person is not in the export business. They are a salaried person earning ...
15
votes
3answers
452 views

Is there any way to know how much new money the US is printing?

There is a lot of talk about the Fed printing money. Is there any way to know how much new money is being printed and when?
0
votes
1answer
136 views

How can I get a current account for working as a freelance event manager?

I am planning to do event management as a freelancer. How can I get a current account for this type of work, as I have not registered any company? I need suggestions on how I can proceed further.
5
votes
3answers
307 views

Do large market players using HFT make it unsafe for individual investors to be in the stock market?

Similar to this question, but with new information concerning High Frequency Trading [HFT], see articles on HPCwire and the NY Times citing that HFT accounts for 73 percent of all equity trading ...
27
votes
8answers
13k views

What happens to my savings if my country defaults or restructures its debt?

I live in a eurozone country that a lot of people think will soon default or restructure its debt. My family has a savings account in a bank here. A similar question has been asked before, but it ...
8
votes
2answers
2k views

How does stabilization work during an IPO?

When Facebook went public, the price didn't rise like a normal IPO. Normally, IPO's are priced so that there's a "pop" on the opening day. Instead the Facebook price fluctuated around the initial ...
8
votes
4answers
340 views

From Facebook's perspective, was the fall in price after IPO actually an indication that it went well?

Please state if I'm incorrect but the whole point of a company doing a IPO is it wants to sell off a portion of itself in order to raise capital. So in an IPO, I presume a company would aim to sell ...
4
votes
2answers
241 views

What are the risks of euro deposit accounts in Greek and Cypriot banks?

What is the risk of having 100k euro in accounts in Greek banks and Cypriot banks? Is there a guarantee? I assume that the state guarantee for deposits doesn't hold when a country defaults.
7
votes
3answers
1k views

Why did the Swiss National Bank fix the EUR/CHF exchange rate at CHF 1.20?

Two questions actually: Why did the Swiss National Bank fix the EUR/CHF exchange rate at EUR 1 = CHF 1.20 as of September 2011? How are they making sure that the exchange rate stays at CHF 1.20? ...
1
vote
1answer
186 views

Where can I place my savings in to limit my exposure to the risk of European bank failures and sovereign debt defaults?

After looking at this stunning Euro Zone Bank Stress Test tool provided by Reuters, I see the danger and the hight level of interconnections that exists among Banks in EU. The actual scenario ...
10
votes
9answers
4k views

Should I stockpile nickels?

As the US dollar continues to be devauled the metal content value of US coins will eventually be worth more than the face value of the coins. There use to be silver in US coins but due to the ...
3
votes
3answers
385 views

Can I participate in trading Facebook shares on their IPO day from any brokerage?

Can I participate in trading Facebook shares on their IPO day from any brokerage? Or might accessibility be limited? (I have some money in a Vanguard account and would like to use that if possible.) ...
2
votes
2answers
594 views

How do historically low interest rates affect real estate prices?

30-year fixed interest rates have hit a historic low today: 3.83%. I happen to live in the second hottest real estate market in the nation and am considering purchasing my first home, which would be ...
3
votes
4answers
2k views

Better to make $999,999 to avoid the higher tax rate if made over one million dollars?

That's the question. Some people tell me that if Obama (for an example) imposes say 40% tax rate on people making 1,000,000 dollars, people would just make less than 1,000,000 dollars and still keep ...
8
votes
1answer
2k views

I am a small retail investor. Can I invest in the Facebook IPO at the IPO price? [duplicate]

Possible Duplicate: How can I purchase Skype stock during the IPO? I've heard that only big institutional investors will be able to purchase Facebook shares at the Facebook IPO price. A ...
3
votes
2answers
1k views

What is the best way to save money from inflation and currency devaluation?

I live in one of the poorest and corrupt countries in Asia. The government is incompetent and laws only apply to the poor. The economy is shrinking and currency is going through constant devaluation ...
6
votes
4answers
640 views

Why can't the Fed lower interest rates below zero?

Ben Bernake said today that he can't lower interest rates further because they can't be lowered below zero. IIUC benchmark interest rates are determined by what someone is willing to pay in an ...
3
votes
1answer
261 views

If Greece decides to stop using the Euro, how would they implement it?

In particular, if they decide that they want to stop using the Euro as their currency, and have their own currency, how would that work? Since greece euros are the same as other european country's ...
7
votes
3answers
2k views

Where to find out conversion ratio between General Motors bonds and new GM stock?

I bought some General Motors bonds (ETF-traded under "XGM" symbol) when they were at depressed prices, before GM declared bankruptcy. GM is supposed to be having an IPO sometime in November, and ...
4
votes
2answers
1k views

Why did Japan's currency value increase after the tsunami?

Why is it that Japan's currency went up after the tsunami? Dollars to Yen After March 11th, the dollar to yen ratio drops until the 16th. What causes the value of currency to rise as the stock ...
5
votes
6answers
494 views

Would you withdraw your money from your bank if you thought it was going under?

The Texas Ratio attempts to measure how well a bank can cover its losses on nonperforming loans. A ratio over 100 indicates the bank is in trouble. I cross referenced the texas ratio for banks ...
5
votes
4answers
121 views

Will prices really be different for cash and cards?

I heard Clark Howard on the radio this morning saying that due to a court settlement stores will be able to charge different rates for different tender types. How soon will this take effect and what ...
14
votes
4answers
757 views

May 6, 2010 stock market decline/plunge: Why did it drop 9% in a few minutes?

Today (5/6/2010) the market dropped almost 900 points in less than an hour. I don't see any news story that explains the drop. Am I missing something obvious?
4
votes
1answer
74 views

What effect will the financial reform bill have on everyday Americans?

It looks like Congress made substantial progress towards passing the Financial Reform Bill today, but I really know very little about what is actually in it, and what I do know seems very complex. ...