2012-05-15 18:27:44
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Posts Tagged ‘financial’:
Biggest Financial Mistakes: Habits and Addictions
Here on the Check City blog, we LOVE discussing finances with you! We understand that life is tough and that struggling financially makes life a whole lot tougher. This is why our team of experts gets so excited about sharing with you ways that you can get ahead in life. Are you tired of living paycheck to paycheck? You’re not alone. Do you dream about having financial success in life? It’s possible! This doesn’t mean that you need to invest hours upon hours of exhausting research to figure out what financial moves you should and shouldn’t make; let us do
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Haitian Debts Forgiven by Inter-American Development Bank
The Inter-American Development Bank agreed to forgive millions of dollars in debt owed by Haiti due to the recent earthquake devastation. The debts forgiven add up to about $479 million dollars and after a vote, the board of directors decided to forgive the debt and in addition have pledged their future support in the quantity of 2 billion dollars over the next ten years. They also hope to help rebuild the country with the hope and courage they need to continue over the next few years. This debt adds up to the biggest portion of the debt owed by the
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Does Government Debt Have a Cap?
As the United States’ debt continues to rise an average of $3.93 billion per day, concern about the debt seems to rise exponentially. People are beginning to ask where the cap is and what will happen then? Carmen Rienhart, an economist from the University of Maryland, and Kenneth Rogoff, an economist from Harvard, predict 90% of gross domestic product as the maximum level that countries can obtain in debt before they cannot simply grow out of it. In their article to be published in the American Economic Review, Reinhart and Rogoff analyzed the trends in 44 countries over 200 years.
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