Remit your way to a mortgage
FT reports on the progress of initiatives, such as cross-boarder mortgages, to incorporate remittances into the mainstream financial system, where money transfers can be used more effectively for local investment.
For a global picture see the migration and remittances factbook.
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I agree with Bloomberg, markets should be allowed to fail. Not so much for the "too big to fail reasons" but because of the "learned behavior" reasons. As long as industries/shareholders/bankers can behave recklessly and still escape relatively unscathed to the rest of the population, you leave the door open to more events driven by greed and short term gain
http://www.mysunsetmortgage.com
Posted by: danssa | Sep 30, 2008 11:34:20 AM