How Mayans and Cherokee helped insurers
Insurance at first glance seems to be a serious form of economic relations, designed to protect people, their property and affairs from all sorts of dangers. However, if you dig…

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Business in Sweden and Stockholm - Business Ideas
The Scandinavian countries are today considered one of the most promising in terms of business. This is where the most incredible startups can be brought to life. After the perestroika,…

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Currency forecast: the dollar strengthens its position
Currency forecast: the dollar strengthens its position The dollar spent the whole week to strengthen its position and succeeded in this. The euro cannot boast of such achievements against the…

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worried about the limitations

Dummy for a million, or strange lots

“To sell something unnecessary, you need to buy something unnecessary,” the hero of the legendary Soviet cartoon used to say. Auctions on the Internet have become an excellent platform for trading strange goods, buyers for which it would be impossible to find without the World Wide Web. We give examples of the most unusual purchases “under the hammer” in the history of auctions.

One of the strangest lots recently left the popular eBay auction. A woman from Iowa purchased a piece of fried chicken, in the structure of which, with the imagination and sufficient practice in examining Rorschach’s spots, one can see the profile of American President Washington. On this perishable “artifact” there was a buyer who did not regret 8.1 thousand US dollars for a nugget. The fried chicken has been kept by the lady since 2009.

But the real record, 28 thousand dollars, was achieved during the bidding for a rotten bitten cheese sandwich, on which you can allegedly see the image of the Virgin Mary. The sandwich was 10 years old at the time of the sale, but it was destined to be almost eternal: GoldenPalace.com, the company that bought the rot, said that the price of moldy organics would rise. After some time, another seller tried to test the demand for food architecture, but the chip in the shape of a seahorse did not cause much excitement. Continue reading

It’s time to hold the horses on the lending market

The Ministry of Finance and the Central Bank of the Russian Federation consider it necessary to contain the rapid growth of consumer lending. The financial department, according to Deputy Minister Alexei Moiseev, supports the regulator’s proposals to tighten requirements for banks. Earlier in September, the Central Bank raised the interest rate from 8 to 8.25%, and a new increase may occur in November.

In turn, the Ministry of Economic Development believes that the increase in interest rates and the tightening the provision of funds to the economy by the monetary policy of the Central Bank significantly inhibits growth.

Since the beginning of the year, the portfolio of retail loans in the whole banking system in Russia has grown by 29.3%. At the same time, the annual growth rate was already 40%. And the volume of corporate loans increased by only 10.1%.

See also: Credit bonds for the iron horse Continue reading

How to make peace with money

Do not like to think about money? It seems like everyone around is cleverly managing their money, everyone but yourself? The truth is that money is a tool, and we decide where and how we apply it. Let’s try to use these 10 steps in order to make a long-term peace between us and money:

1. We clearly define our financial capabilities. The longer we ignore our finances, the more frightening and confusing things will become. We will make a list of all our annual income and expenses and carefully look at where we are now.

2. We control our debts. Given the circumstances of life, it is better to be without debt than with them, and the point here is not even the money itself. Uncontrolled debt can turn into an expanding black hole that will eagerly absorb everything. Continue reading

Dummy for a million, or strange lots
“To sell something unnecessary, you need to buy something unnecessary,” the hero of the legendary Soviet cartoon used to say. Auctions on the Internet have become an excellent platform for…

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E-DINAR - anyone can earn
More recently, the payment system E-DINAR appeared on the market. Originally from a booming Asia, this electronic system has already proven to be very attractive and promising. She has the…

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Dow Jones. 116 years guarding stock markets
On October 8, 1896, the world first heard the phrase, which today necessarily sounds in thousands of news releases around the world. An index created by renowned journalist Charles Henry…

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Counterfeiters prefer larger
The problem of counterfeit money circulating on the territory of Russia, before the Russian law enforcement officers is quite acute. In 2013, the total number of fakes discovered by the…

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