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Forbes

China's Debt Bomb Just Keeps Getting Bigger
Forbes
First Victor Shih, Associate Professor of Political Economy at UC, San Diego–who has been warning since at least 2009 that China's debt problem is far worse than people think–published a report with the Mercator Institute for China Studies that paints ...



The Journal News | LoHud.com

NYers: State debt is $3116 per person
The Journal News | LoHud.com
ALBANY -- New York's state-funded debt is the second highest in the country, according to a report Thursday. State Comptroller Thomas DiNapoli warned in the report that New York's growing debt could have long term impacts on the state -- which faces a ...
NY comptroller: Total state debt second-highest in U.S. — and ...Auburn Citizen (blog)
DiNapoli sounds alarm on state debtNiagara Gazette
N.Y. has second-highest debt in U.S., must make changes: DiNapoli ...New York Daily News
Buffalo News -Buffalo Business First
all 14 news articles »


USA TODAY

Poll: Holiday gift spending will leave many in debt for months
USA TODAY
Keeping to a budget around the holidays is as tough as going to a year-end party and avoiding the butter cookies, bite-sized appetizers and cocktails. In fact, 25% of Americans who use plastic to buy gifts, food and decorations for the house say it ...

and more »



Forbes

When Will Japan's Debt Crisis Implode?
Forbes
Once the stock market crashed and equity prices dropped, banks and insurance companies were left with lots of bad debt. The Japanese government and central bank supported these organizations by bailing them out and providing low-interest credit. Thus ...



Bloomberg

Lin-Manuel Miranda Calls for Puerto Rico's Debt Forgiveness ...
Bloomberg
Lin-Manuel Miranda wants Puerto Rico's $74 billion of debt to be erased.

and more »


Politico

Are tax cuts worth adding $1 trillion in debt?
Politico
They never have,” said Holtz-Eakin, president of the conservative think tank American Action Forum, in the latest edition of the POLITICO Money podcast. “But the growth is really important.” Holtz-Eakin said he was disappointed by the Treasury ...



Seeking Alpha

What Leadership Looks Like: 3 Politicians Who Actually Handled Budgets, Taxes And Debt Crises
Seeking Alpha
The world is awash in debt, with total cumulative new debt added on since 2008 an unbelievable $74 trillion compared to global GDP of $78 trillion. The global total debt/GDP ratio is now about 325%; developed markets never deleveraged, and emerging ...



New York Times

China Names and Shames Tech Tycoon With Debt Blacklist
New York Times
HONG KONG — At his peak, Jia Yueting was among the brashest and most flamboyant figures on China's frenzied technology scene. He charged into businesses as varied as smartphones, electric cars and sports broadcasting, vowing to challenge giants like ...

and more »


ACA International

Study: Consumers' Pre-Recession Spending, Debt Habits Continue
ACA International
The third quarter increase brought credit card debt to $950.2 billion. The $22 billion increase is 46 percent higher than the post-Great Recession average and the highest accumulation since 2007, according to WalletHub. A year ago, in third quarter ...


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