3 posts tagged with debt by storybored.
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"GOVERNMENT debt dynamics, once an esoteric subject of interest only to macroeconomists, are suddenly in vogue. With Greece flirting with default, Italy's bond yields rising fast, and America's government bonds losing their AAA status, public-debt burdens have become dinner-party talk. Our interactive chart shows current IMF forecasts but also allows you to input some basic economic assumptions to see where general government debt as a percentage of GDP might head."
posted by storybored on Dec 12, 2011 - 16 comments

There is this perception that the only China skeptics are foreigners. Let me tell you that is completely wrong. The debate within China is much more interesting and much more ferocious than the debate outside of China about problems with the growth model. Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. Here he talks about China's economic prospects.
posted by storybored on Oct 30, 2011 - 25 comments

How can a credit card company fool you? Let me count the ways. When Brad Kehn received his first credit card from Capital One Financial in 2004, it took him only three months to exceed its $300 credit limit and get socked with a $35 over-limit fee. But what surprised the Plankinton, S.D., resident more was that Cap One then offered him another card, even though he was over the limit -- and then another and another.
posted by storybored on Dec 10, 2006 - 104 comments

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