China to the rescue of Argentina with a 10 billion dollars equivalent swap
Argentina is negotiating with China a new 10 billon dollars equivalent swap ... international position vis-à-vis the run on the dollar (or the flight from the Peso) and which has cost the Central bank 4 billion dollars so far this year.
Hope For Financial Freedom
Contradicting these sound lessons and mandates of human history, the U.S. Constitution and natural law (meaning, the value of commercial exchange should ... federal government with each print of a fiat dollar bill. When the States become monetarily strong ...
Ask a real estate pro: Lender sues over line of credit
When you lost your home two years ago, your line of credit, which is really a second mortgage, was not paid off because there was not enough value ... the promissory note and the mortgage. The note, or credit agreement in your case, is the bank lending ...
Are Treasure Coast short-sales or foreclosures a better deal for buyers?
Treasure Coast Realtors say plummeting property values, the avalanche of mortgage defaults ... adding that banks do not own most mortgages. "They signed a promissory note." Weix maintains bank's unpredictable sale process of distressed properties further ...
The Moral Hazard of Modern Banking: How Banks Create and Destroy Money
Modern fiat money, the dollar, euro, yen etc are all based ... and he has no money to buy it so he goes to his local bank and asks for a mortgage which is approved. The bank will ask Jack for a promissory note, an IOU, for the $100,000 and once he signs ...