Fresno BeeFor the first time since the financial crisis, household debt levels in the U.S. have surged past old records. As the Federal Reserve Bank of New York reported, total household debt stood at $12.73 trillion as of March 31, a $149 billion increase, or 1 ..
Puerto Rico: A Debt Problem That Kept Boiling Over
A 100-year-old law enshrining tax-free bonds in Puerto Rico established the island as a haven for American investors. Credit Dennis M. Rivera Pichardo for The New York Times. It all goes back to 1917. Congress passed a law that year making Puerto The Truly Horrible And Ghastly Mess Of Puerto Rico’s Bond Issuance See Similar Threads…Puerto Rico: A Debt Problem That Kept Boiling Over – New York Times
Seeing a Debt Crisis That Isn’t Really There
BloombergYes, household borrowing has topped the old record reached right before the financial crisis. But that doesn’t mean a meltdown is coming. by. Barry Ritholtz. @ritholtz More stories by Barry Ritholtz. Thu May 18 2017 10:12:29 GMT-0700 (PDT). Relax.Household Borrowing in Historical Perspective Liberty Street Economics ..
Message of Puerto Rico Debt Crisis: Easy Bets Sometimes Lose
Abandoned buildings in the Santurce area of San Juan, P.R., in 2015. A law enacted last year helps United States territories reduce debt. Credit Dennis M. Rivera Pichardo for The New York Times. When some of Wall Street’s savviest hedge funds piled Puerto Rican bankruptcy: Better late than never See Similar Threads…Message of Puerto Rico Debt Crisis: Easy Bets Sometimes Lose – New York Times
Debt Consolidation Loan vs Balance Transfer: How to Escape Your Credit Card Debt
The IndependentIn Singapore, household debt is on the rise, and consumers are finding themselves under increasing financial burden of their debt. In particular, personal loans and credit card debt have been two of the main culprits contributing to the bloated ..