Australians unleash on The Barefoot Investor over his brutal advice as they struggle to pay off their mortgages: ‘I’ve started lining up at food bank so our children can have fruit and bread’

Some $1.5 trillion in mortgages will come due in the next two years – paving the way for a financial crisis as higher interest rates push down property values As this event looms, big banks such […]

  Source: Richmond Times Dispatch —  Martha and the Vandellas probably were not singing about financial markets in their 1965 hit “Nowhere to run … nowhere to hide,” but the song describes the feeling in […]

A credit crunch has gripped America’s Commercial real estate (CRE) sector, and investors face a tricky combination of fierce competition and downward pressure on asset prices, Charlie Munger has warned. “Every bank in the country […]