The Core

Why We Are Here => Economics & Investing => Topic started by: Mackin USA on September 21, 2017, 12:41:46 PM

Title: Debt BOMB
Post by: Mackin USA on September 21, 2017, 12:41:46 PM

S&P Cuts China’s Credit Rating, Citing Risk From Debt Growth

https://www.bloomberg.com/news/articles/2017-09-21/s-p-lowers-china-s-rating-to-a-from-aa-says-outlook-stable

Title: Re: Debt BOMB
Post by: ergophobe on September 22, 2017, 09:35:12 PM

Meanwhile, closer to home, American household debt reaches new high

http://one.npr.org/?sharedMediaId=550250789:550352995&utm_source=NPROneWinback&utm_medium=email&utm_content=20170921&utm_campaign=Winback&utm_term=

Title: Re: Debt BOMB
Post by: Mackin USA on September 24, 2017, 03:07:34 PM

It's a PROBLEM