by StoneGate | Oct 23, 2018 | Uncategorized
A mechanical lever is a handle or a bar pivoting on a fulcrum. The difference between the bar length on either side can increase (or decrease) our ability to move an object. Economists call the advantage we may gain from borrowing and reinvesting “leverage”, because...
by StoneGate | Oct 2, 2018 | Uncategorized
2007 was a bad year for the U.S. economy. House sales had been down for a while in the face of soaring oil prices, and a sharply diving dollar. Major mortgage-lending institutions were awash with capital and desperately needed to correct their balance sheet ratios....
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