Financial markets across the world have continued to experience serious volatility amid a worsening debt crisis in Europe sparked by the downgrading of Greece’s massive debt to junk status. Athens has asked the European Union and IMF for more than bn to help bail the country out of its economic problems. Many analysts fear the crisis could trigger the downfall of other vulnerable economies in the eurozone. Jonah Hull reports. [April 29, 2010]
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Much of the United States has been headed for the poor house for a while now, but how long will the country be stuck there? United States President Barack Obama signed an executive order to create a bipartisan commission for the mounting federal debt. Les Leopold says we are headed towards another crisis because what should have been done during this crisis was not.
As Americans struggle to manage their finances through the economic downturn, many are turning to the debt servicing industry for assistance. Unfortunately, the public routinely confuses the types of services provided by debt settlement and debt management agencies, which differ significantly. Join Thomas Fox, Cambridge Credit Counselings Community Outreach Director, as he discusses the important differences between Debt Settlement and Debt Management.
Feb. 15 (Bloomberg) — Thomas Byrne, senior vice president at Moody’s Investors Service in Singapore, talks with Bloomberg’s Bernard Lo about Greece’s debt problems. (Source: Bloomberg)
U.S. issues $7 trillion debt, supply to stabilize
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Much of the United States has been headed for the poor house for a while now, but how long will the country be stuck there? United States President Barack Obama signed an executive order to create a bipartisan commission for the mounting federal debt. Les Leopold says we are headed towards another crisis because what should have been done during this crisis was not.
As Americans struggle to manage their finances through the economic downturn, many are turning to the debt servicing industry for assistance. Unfortunately, the public routinely confuses the types of services provided by debt settlement and debt management agencies, which differ significantly. Join Thomas Fox, Cambridge Credit Counselings Community Outreach Director, as he discusses the important differences between Debt Settlement and Debt Management.
Feb. 15 (Bloomberg) — Thomas Byrne, senior vice president at Moody’s Investors Service in Singapore, talks with Bloomberg’s Bernard Lo about Greece’s debt problems. (Source: Bloomberg)