S&P recently downgraded the debt of several major European nations. Is this the start of the SHTF in 2012? It’s hard to imagine that the massive unfunded liabilities of governments around the world will ever be repaid, in real terms.
What do you think? Are the ratings agencies screwing things up, or is the truth that… the holders of these debt instruments will eventually get left holding a bag of well…. something that is not worth what they expected.
Favorite reads of the week
Squirrelers talks about some crazy job interview stories. Who would have known that someone could get a job with a mismatched suit?
Do you have the courage to be wealthy? Roshawn teaches us about the importance of courage.
More great reads for your weekend reading
Which ETFs are cheaper than their Vanguard peers? MoneyCone shows us 10 ETFs that fit the bill.
Is 2012 the year to be living dangerously? It all depends on your favourite film or calendar.
The Richest Nation tells us how to apply for college financing.
Are you protected against job loss? What would you do if you lost your job?
On Get Rich Slowly, Crystal from Budgeting in the Fun Stuff shares her story on turning a side-hustle into a full-time income.
How do you raise a millionaire? 101 Centavos gives his thoughts.
Retire by 40 has revamped his website and is looking to increase his online income.
What is the real reason why nobody is buying electric cars?
Is travelling overrated? I don’t think that it is, but that also depends on if you are getting full value and how far you travel off the beaten path.
How do you save money for retirement if you don’t make much to begin with? Financial Samurai shows you how.
Money Spruce shares his goals for quitting his job in 2012.
Tight Fisted Miser totally crushed December with his online income.
Saving Money Today talks about 8 things that you shouldn’t do at work.
Have a great weekend!