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Investing in Bonds: How It Works

A bond is an instrument through which a government or corporate body can borrow money from the public with a promise to reimburse the investor. The money is borrowed for a fixed period of time and compensation made at a fixed interest rate. How Do They Work? An offer…
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More Mercedes For Broke Governments

The government is not broke then. I read that with a raised eyebrow. We’re being taxed more, paying more for items such as fuel and then we get news that a new fleet of Mercedes Benz cars are being bought for judges. Just who makes these decisions in the first place? The police were on a go slow because they demanded better pay, the government was and still is being reluctant to meet their demands. However, one individual somewhere went to the dealerships with a purchase order for a fleet of new cars.
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