International Chat

The U.S. debt is getting bigger

admin · October 22, 2021

The U, like the U.K., is in the throes of a debt crisis.But for the U., it’s also about to get bigger.With interest rates at historically low levels, the U’s economy is shrinking.And it’s getting more difficult for the Federal Reserve to raise interest rates, as the economy struggles to recover.Irving: Can the U do …

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How to get rid of debt bondage in a new book – the key to avoiding it

admin · October 22, 2021

A new book by former IMF economist Richard Murphy has been praised by academics as an important contribution to the debate over the role of the IMF in global finance.The economist, whose latest book is Debt bondage: How to Get Rid of Debt Borrowing, was a member of the group that wrote the 2010 report …

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‘How much will my credit card debt rise?’

admin · October 22, 2021

“You can save up to 50 per cent of the cost of a new loan with a credit card.”“If you’ve got a few hundred dollars of debt on a credit line, you can go and borrow up to $10,000 a year.”“A credit card isn’t an emergency fund.”“Your credit card should be a savings account for …

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A New Zealand debt settlement letter to creditors, letters to creditors letter,letter to creditors to creditors

admin · October 19, 2021

A new letter from a debt settlement attorney for Japanese creditors has accused the Japanese government of continuing to pay for the debt of former prime minister Jacinda Ardern.Auckland-based attorney Daniel O’Connor sent letters to the Ministry of Finance and to the Bank of Japan (BOJ) demanding that it pay a total of NZ$8 billion …

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Debt free images for the average American, according to CNBC

admin · October 15, 2021

CNBC — A new report by CNBC shows the average person can save up to $1,100 over the course of their lifetime, according a debt-free image calculator.The news comes as the U.S. has a debt load of nearly $10 trillion, and it’s still growing faster than the economy.According to the report, a person can expect …

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Greek debt collectors seeking €1.4bn for unpaid taxes

admin · October 15, 2021

Greece has sent debt collectors to the homes of the people who owe money to the country’s debt-ridden authorities and are trying to collect €1 billion, according to reports.According to The Local, debt collectors from the Greek Public Debt Management Agency (EPAM) were sent to homes of people who owed money to authorities after being …

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How to manage your debt globally?

admin · October 15, 2021

By: Anil Agrawal | March 11, 2018 01:21:42Global debt is an important issue for all of us.We must all keep our heads up and be vigilant about what our debts are doing.As a general rule, debts are a reflection of the size of our economic activity, or how much money we have in the bank.This …

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The latest from the US: A little-known debt porn industry

admin · October 14, 2021

As the world struggles to come to terms with the fallout from the economic crisis, a new business is quietly thriving.Debt porn is the sharing of personal financial information about others, such as credit history, to raise money for companies and individuals.According to research from The Financial Literacy Project, more than $1.3 billion is being …

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‘Gift of the Gods’: $2.2 trillion in debt, $1.3 trillion in equity – and that’s all in debt?

admin · October 14, 2021

The $2 trillion debt is not the biggest part of the $1 trillion-plus of debt outstanding.That comes from the $2,500-per-year interest rate on bonds issued by the U.S. government, which will be held back until 2024.The remaining $2 billion of debt is in the private market, and is also known as debt financing.It is debt …

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A day to remember: The debt ceiling fight of 2017

admin · October 13, 2021

Here’s a look at some of the key moments in the day’s most memorable moments.1.National debt ceiling negotiations start in Washington, D.C. – 2:00pm A bipartisan group of lawmakers convene in the nation’s capital to consider a new national debt ceiling.In a joint statement, the Senate and House of Representatives have agreed to a compromise …

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