Last year, two Detroit tavern owners were sitting at the bar, sampling their beverages and bemoaning the local economy – no one in the city had cash, and when they did, they spent it in the suburbs. Then the pair hit on a solution : Print their own money. [  […]

ALL ROADS LEAD DOWN Posted By: FinancialEdEconomica Date: Saturday, 12 November 2005, 7:46 a.m. ohh and by the way, Fannie Mae disclosed new accounting errors and confirmed it will have to restate earnings by some $11 billion. Its shares fell more than 2%. Did you know that Canadian housing starts […]

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