Category : Debt crisis
U.S. dollar rally could be the origin of the next global debt implosion
Famous investor George Soros warns of the threat posed by the financial crisis in Europe.
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.
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.
U.S. national debt exceeds $21 trillion for the first time in history.
"We have forgotten, as a society, that real goods and services have a real cost."
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.
Interest rates, which influence the cost of borrowing, are on the rise after the Federal Reserve kept them near zero for years.
Do you feel as if you’re drowning in debt? It’s worse than you think.
Americans are in a borrowing mood, and their total tab for consumer debt could reach a record $4 trillion by the end of 2018.