debt
I like this story of the USA: “Here we break down the top 10 foreign holders of U.S. debt,... released by the U.S. Bureau of Economic Analysis.”
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Is it a sign of the declining republic?
America’s fortunes do not look promising. A many Americans worry that their children will inherit a nation less...
made popular Nov 4 2010
Although Greece is in the news with its near debt default which was starved off only due to a last-minute European Union-IMF record bailout worthy over $150billion, but...
made popular May 28 2010
Cartoon by TOM SCOTT New Zealand
“From both Sides of the Fence.”
Once upon a time a gentleman faced financial crisis!not being able to pay...
made popular Feb 19 2010
While Greece burns, the American people should ponder their own fiscal responsibility. The situation in Greece is an eventuality in the United States if we do not...
made popular Feb 13 2010
There is a justified fear of rising inflation in the United States. A soaring U.S. deficit and debt, many fear that the Obama administration and the Federal Reserve...
made popular Jan 4 2010
Greece had its credit rating downgraded to near junk levels last night amid fears the country’s plans to pay back its ballooning debt will fail.
Ratings agency...
made popular Dec 17 2009
In a not entirely unexpected move, Dubai has for all intents and purposes temporarily defaulted on billions in debt. The city-state has told its creditors to be...
made popular Nov 30 2009
Dubai rose so quickly not on shrew calculations, but on simple dreams to house among the most extravagant projects: man-made islands, tallest building, seven-star...
made popular Oct 13 2009
The last depression the U.S. went through was in 1930’s, and it was part of huge global downturn.
From a Market update newsletter from Sprott Asset Management,...
made popular Sep 22 2009
Dozens of impoverished farmers struggling with debt and poor rainfall have killed themselves in southern India in recent weeks, leaving behind families plunged even...
made popular Aug 28 2009
Initially greeted to much acclaim and a rally Wall Street, President Obama’s Treasury Secretary Timothy Geithner - former head of the Federal Reserve in New York...
made popular Aug 10 2009
The U.S. government has been plunging deeper and deeper into debt, and the White House expects the budget deficit to get close to $2 trillion by the end of the...
made popular Jul 6 2009
America’s deficit and long-term debt is certainly a problem that needs to be addressed. It is, of course, a matter of great concern for America’s long-term...
made popular Jun 13 2009
America is in a bad recession. Trillions of dollars have already been dedicated to try to pull us out. Whether or not these measures work is really anyone’s...
made popular Apr 25 2009
Yesterday, a friend of mine who is a wonderful but broke-ass college student, showed me a collection letter that she received and even though receiving a collection...
made popular Oct 31 2008
One of the diagnoses of why the Great Depression was so bad is that countries engaged in “competitive devaluation” — weakening their exchange rates to make...
made popular Oct 1 2008
The government of Rafael Correa took over 3 television stations and nearly 200 private companies including TC Television, TC Noticias, as well as insurance,...
made popular Jul 14 2008
General Electric Co. plans to auction off its appliances business, The Wall Street Journal reported Wednesday.
GE has hired Goldman Sachs Group Inc. to run an auction...
made popular May 16 2008
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Tampa officials have asked a court to dismiss a lawsuit seeking $22 million in payment of a debt incurred during the Civil War.
In legal papers, the city contends Joan...
made popular Apr 10 2008
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Washington:
In this Wednesday, March 4, 2009 file photo, IRS Commissioner Douglas Shulman prepares to testify on Capitol Hill in Washington, before the Senate Homeland Security and Governmental Affairs subcommittee hearing on “Tax Haven Banks and U. S. Tax...
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