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Posts related to ‘Debt’

Japan Fears That It Is Next Greece

Posted: June 11, 2010 at 5:40 am

Japan could be the next Greece, at least according to its new prime minister who use to be the nation's finance minister. "It is difficult to sustain a policy that ...
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US Companies Face Debt Crisis As Spreads Widen

Posted: May 24, 2010 at 5:16 am

Corporate bond sales this month will be the worst since 1999. According to Bloomberg, they will only hit $47 billion, down from $183 billion in April. The borrowing machine that ...
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Greece Finally Gets Unanimity For Financial Backing, Maybe

Posted: March 25, 2010 at 12:48 pm

German Chancellor Angela Merkel and French President Nicolas Sarkozy have finally decided, after bilateral talks, to allow the IMF to join any bailout of Greece. Dow Jones Newswires reports "The ...
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Which Countries Own America’s Debt?

Posted: January 13, 2010 at 1:52 pm

The American government owes just shy of $3.5 trillion to foreign governments, corporations and individuals.  The lion's share of this is owned to China and Japan, which own 22.8% ...
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Banks Intend To Buckle Down In The Face of Credit Card Legislation

Posted: November 10, 2009 at 8:22 am

In the FED's most recent bank survey they asked how the banks indented to deal with the Credit CARD Act of 2009.  The Act meant to protect users from sudden ...
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