Tuesday, January 16, 2018
The US ratings agency has warned that failure to raise the country's debt limit by the end of September could have worse consequences than the collapse of Lehman Brothers during the financial crisis. US President Donald Trump has warned recently...
China’s growing debt is affecting the country and the global economy, according to Charlene Chu, an influential China analyst. "Everyone knows there’s a credit problem in China, but I find that people often forget about the scale. It’s important in...
Although reluctant to say it, a recent IMF report on the state of U.S. economy makes clear that U.S. policy makers have failed to protect majority living conditions. When a country joins the IMF, it agrees to have its economic...
Many Americans correctly perceive the U.S. as a land of "haves" and "have-nots," reflecting the erosion of the middle class and a growing public awareness of economic inequality. Less widely understood is where the "have-just-about-everythings" fit into the mix. As...
Ten years ago this week, the global financial crisis started with a small rumble in France. Local bank BNP Paribas announced it was freezing the assets of three hedge funds with heavy exposures to the US sub-prime mortgage market. A little...

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