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October 17th, 2008

Kiplinger’s “10 Things That Are Going Right”

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Kiplinger.com published a list of 10 factors that are positively contributing to our current economy. I came across this list today on my daily visit to freemoneyfinance.com.

1. New Territory for Automakers: Nearly every major vehicle manufacturer has accelerated efforts into designing more fuel-efficient/hybrid vehicles. Also, poor auto sales have spurred increased dealer-sale incentives like employee pricing and 0% financing.

2. Your Savings Have Never Been More Secure: With the FDIC increasing the amount of insured deposits from $100,000 to $250,000, as well as insuring non-interest bearing accounts, your deposits have never been so insured.

3. Technology for Cheap: Economic downturns are a catalyst for major manufacturers to develop the latest designs at the cheapest price.

4. Farming Is Back On Track: “The fall harvest is shaping up as one of the best ever, despite the destructive weather and floods in the Mississippi River corridor since last spring.”

Check out the rest of the list here.

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One Response to “Kiplinger’s “10 Things That Are Going Right””

  1. Geothermal heat pump Says: October 17th, 2008 at 3:29 pm

    Economic downturns are a catalyst for major manufacturers to develop the latest designs at the cheapest price.

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HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

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Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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