The current-events tag is for questions dealing with current events affecting personal finance, investing, and other money issues.
Questions tagged [current-events]
38 questions
52
votes
10 answers
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 loans, under qualified borrowers, flipping of…
Muro
- 7,593
- 2
- 37
- 42
40
votes
9 answers
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 isn't quite the same thing.
First, what are the…
Naurgul
- 503
- 1
- 4
- 5
23
votes
7 answers
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 10% annual inflation it is the same effectively.…
Andrey
- 715
- 1
- 5
- 11
18
votes
3 answers
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?
tucson
- 472
- 3
- 8
17
votes
5 answers
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?
C. Ross
- 7,886
- 9
- 46
- 78
13
votes
10 answers
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 continued debasement of the dollar, the silver content of…
Muro
- 7,593
- 2
- 37
- 42
11
votes
3 answers
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?
See the current EUR/CHF exchange rate at Yahoo…
Lernkurve
- 266
- 3
- 8
10
votes
4 answers
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 their stock at as high a price as is possible…
Joe.E
- 6,098
- 7
- 40
- 53
9
votes
2 answers
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 price and once support was removed, the price fell…
Knox
- 470
- 2
- 4
- 11
9
votes
1 answer
I am a small retail investor. Can I invest in the Facebook IPO at the IPO price?
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 small player like me (I've got an account with Charles…
samthebrand
- 195
- 9
7
votes
3 answers
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 bondholders are getting some of the equity of the new…
Jason S
- 792
- 2
- 12
- 20
6
votes
2 answers
How exactly does a country devalue its currency?
OK. So China devalued its currency today.
How exactly does that happen?
Does some official tell the Foreign Exchange the the new exchange rate for the yuan is 0.98 * the current exchange rate?
Does it just print more?
What is the process by which a…
zundarz
- 1,182
- 4
- 14
- 24
6
votes
4 answers
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 volume in the US and their effect on the small…
Lucas B
- 353
- 1
- 7
6
votes
6 answers
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 obtained from here (last updated 10/2009) with the…
Muro
- 7,593
- 2
- 37
- 42
6
votes
4 answers
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 auction for a Treasury bond with a predetermined…
dsimcha
- 747
- 5
- 11