Category : Debt crisis

May 31, 2018 - 6:16:25 AM

The EU Facing Major Financial Crisis

Famous investor George Soros warns of the threat posed by the financial crisis in Europe.

May 28, 2018 - 3:51:15 AM

Moody's warns of a dangerous wave of junk bond defaults

As corporate debt reaches its highest level since the financial crisis, Moody's warns of substantial problems looming on the horizon for junk bonds during the next downturn hits.

May 28, 2018 - 3:45:02 AM

RBA shows the Risks of Debt implosion in China

Phil Lowe Governer of RBA has explained the debt risks faced by China, denouncing the fast piled up debt since 2009 and its opaque financial system.

May 24, 2018 - 3:41:03 AM

U.S. National Debt Reaches Record $21 Trillion

U.S. national debt exceeds $21 trillion for the first time in history.

May 24, 2018 - 3:34:50 AM

Rickards: Creative Debt Distribution Won't Fix Federal Debt Problem

"We have forgotten, as a society, that real goods and services have a real cost."

May 23, 2018 - 3:14:06 AM

Dodd-Frank overhaul heading for likely passage in Congress

The measure includes various provisions that affect consumers, including one that might make it easier to get a mortgage at their local bank or credit union.

May 23, 2018 - 3:11:18 AM

More Americans are struggling to pay their credit cards

Interest rates, which influence the cost of borrowing, are on the rise after the Federal Reserve kept them near zero for years.

May 22, 2018 - 5:05:30 AM

The U.S. is Shackled by Historic Debt

Do you feel as if you’re drowning in debt? It’s worse than you think.

May 22, 2018 - 5:01:34 AM

Consumer debt is set to reach $4 trillion by the end of 2018

Americans are in a borrowing mood, and their total tab for consumer debt could reach a record $4 trillion by the end of 2018.

May 17, 2018 - 6:40:10 AM

Italy is thinking about taking a $250 billion writedown

Huffington Post Italia leaked a government proposal late Tuesday showing that populist parties had drafted plans to ask the European Central Bank for debt forgiveness of €250 billion ($300 billion).

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