Money Earning

–The instability of the financial system can now be measured in hours and minutes instead of weeks and days. Corrections that used to play out over days or even a few weeks are now happening in a matter of hours. The price for being in this market right now is volatility.

–But if you let the volatility panic you, you’re likely to make a big mistake and sell when everyone else is selling – exactly the worst moment to do so. So let’s take a step back from yesterday’s manic market and look at the big picture. Literally.

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–What you’re seeing now is the de-correlation of asset classes.

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Move over Paul Ryan and Barney Franks; here come the blue and red family trees. If you are a fan of cable news, you know the differences between Democrats and Republicans. Just flip between MSNBC and Fox and you’ll think you’re on two different planets. Well, guess what…what happens today was happening way back in the 1790s. It’s really interesting: party names changed through time, but beliefs held have remained pretty consistent through the years. Looking at the Presidents on the time line is like a flashback through history .

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Not So Different than Today

Old-time Dems were called Anti-Federalists and were headed up by Alexander Hamilton. They be

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The It’s Only Money blog went through a minor transition Wednesday morning. The blog’s framework is changing to a format that is more easily searchable by Google, Yahoo! and other search engines.

Brent Hunsberger’s blog can still be found at oregonlive.com/itsonlymoney, though the official address will be oregonlive.com/finance. If you have another address bookmarked or are using an RSS feed, you will want to redirect to the new address. Here’s the RSS feed address: impact.oregonlive.com/finance/atom.xml

You will still receive the same great content you’ve come to expect from Brent.

Thanks for making the change.

Where a organisation has completed a project for another organisation and has had the job signed off by the Project Manager and then sent in their account only to later find out that the final date for payment has passed and payment has not been collected, and they have not paid despite several phone calls.

If the organisation carrying out the work is small then they may have employed sub-contractors to take on key elements of the project, and these workers will then find themselves in a chain of payment.

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The group in particular blamed the downward revaluation of its stake in Telecom Italia which reduced profits by 353 million euros over the six months.