Once you’ve found yourself in debt it may feel like a downward spiral from which you don’t know how you’ll ever regain your footing. It’s hard enough to find simple answers and may seem impossible when the collection agencies constantly call your house and threaten the security of you and your family. Ultimately your decision to choose a debt consolidation loan or credit counseling program to consolidate debts, should be based on your own personal financial situation.
In which John explains the Greek debt crisis, which has pushed the Greek government close to defaulting on its loans, the reasons why the Euro zone and the IMF are desperately trying to bail Greece out, and what the rising cost of sovereign debt means for the massive budget deficits throughout the developed world.
Thanks to Karen Kavett at http://www.youtube.com/xperpetualmotion for the illustration.
April 27 (Bloomberg) — Austan Goolsbee, a senior White House economic adviser, talks with Bloomberg’s Betty Liu about today’s first meeting of the 18-member bipartisan debt-reduction commission. President Barack Obama, in a February executive order, created the body to come up with ways to cut the federal governments record debt and deficits that he said threaten to “hobble our economy.” Goolsbee, speaking from Chicago, also discusses the outlook for an overhaul of the financial regulatory system and Goldman Sachs Group Inc. (Source: Bloomberg)
Introducing EXPLODE-A-DEBT. A revolutionary debt-reduction system that doesn’t reduce your credit card debt, it just reduces all the credit card applications.
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Tutorial video showing how to use the features of the debt reduction calculator found at www.morecalculators.com . The credit card calculator is located at http .