Viewing entries tagged with 'debt'
US Debt Clock
The following website is a real attention getter: http://www.usdebtclock.org/. The purpose of the USDebtClock.org is to inform the public of the financial condition of the USA. Using complex formulas verified by multiple sources, the numbers give a real-time snapshot of the country’s balance sheet. Here are some areas to focus upon as you ponder:
Personal Credit Crisis
Watching the news each day, we hear about the effect subprime lending has had on the market and the economy. The untold story seems to be the how and why those borrowers took out the subprime loans.