Tuesday, December 30, 2014

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The British public debt is the total quantity of money borrowed by the Government of the United Kingdom at any one time through the issue of securities by the British Treasury and other government agencies. As of Q1 2013 UK government debt amounted to £1,377 billion, or 91% of total GDP. The ... Read Article

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Posted Dec. 11, 2013, at 5:30 a.m. PORTLAND, Maine — The identity of one 17-year-old boy was being used by 12 different strangers across multiple states racking up nearly $60,000 in bad debt, including a $30,000 car and apartment rent that had gone unpaid for months. ... Read News

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And where China kept growing over 7 percent, but didn't rebalance its economy like it said it wants. The stock market went on a tear, the labor market didn't, and Wall Street and Main Street came to terms with a New Normal. Ryan Avent, The Economist: The economic debate in 2013 was dominated by discussions of when the Federal Reserve should begin pulling back on support to the economy. Some ... Read News

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