US Households cannot afford their current housing stock and have taken on more debt than they can service out of income. At the same moment, the Obama administration is taxing 30% of these same households’ incomes and giving them to …
Riskiest corporate debt looks frothy – Care2 News Network
Already percolating in the riskiest corners of the corporate bond market may be another bubble in the making.
GDP-US Debt Parity Approaches
The increase in the US budget deficit is discussed with a comparison to the current GDP levels in the US.
UPDATE:Lear To Restructure $2.3 Billion In Outstanding Debt Filing (Nasdaq)
DETROIT -(Dow Jones)- Lear Corp., a maker of automotive seats and electronics, wants to slash its debt to $1.1 billion once it files for bankruptcy protection.
Consolidate Bills Upgrades Its Service To Offer Credit Card Debt Consolidation (PRWeb via Yahoo! News)
Debt consolidation is not a new concept, people have been trying to find cost effective ways to consolidate bills for years. By procuring a single financial product to consolidate debts of all kinds, including credit card bills, an individual is able to re-pay their current outstanding credit faster and secure themselves a more beneficial interest rate.
Buffett: We're Monetizing The Debt
The Oracle tells it like it is. We’re printing money to pay for our government.
Jeff Madrick: The Inflation and Debt Hawks Are Back and Dangerous
The intellectual and political forces that kept the US from having a more complete economic recovery during the Great Depression have not disappeared. And they are jeopardizing our current recovery.
Calculated Risk: Another Hotel Defaults on Mortgage Debt
Red Roof Inn Inc. … defaulted on $332 million of mortgage debt … Red Roof confirmed the defaults Tuesday. All told, Red Roof’s properties carry at least $1 billion in debt, including mortgages, mezzanine loans and other notes. …
PLAINSBORO: Township saves on debt refinancing (The Princeton Packet)
PLAINSBORO — Taking advantage of the current economy, the township was able to refinance part of its debt with lower-than-expected interest rates at a significant savings to the township, township Chief Financial Officer Gregory Mayers reported to the Township Committee at its meeting Wednesday night.
Recent Comments