Not exact matches
First, the European
debt crisis is a bit more complicated than Greeks going on a borrowing binge backed by German credit.
My student loan business also gives me a
first hand look at the mounting but slow boiling student
debt crisis.
While both the Oakmark International and International Small Cap Funds had acceptable investment performance in the fourth quarter of 2011, the full year was not good for global equities or for our two Funds, as natural disasters (
first in Japan, later in Thailand) and Europe's sovereign
debt crisis took their toll.
First, the financial
crisis left governments around the world with excessive
debt since tax receipts fell as they were administering bailouts.
The mechanisms of this international capitalist recession, the latest of which, to date, some would like to see as the
first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable
debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.
It is almost a century since the
first Kibbutz
crisis (1924) so there was (or is, it is not clear for me if Kibbutz
debts were irreversibly settled) a lot of time to understand that financial support was not provided in a sustainable way.
For the most part, I would say that the
first crisis (the shutdown) is affecting the second (
debt limit) more politically than technically.
What would the student loan
debt crisis look like if we encouraged more students to focus on becoming financially literate, getting jobs, working, and paying ourselves
first?
Credit counseling companies analyze your situation to help show you how you got into your
debt crisis in the
first place and then devise a plan to help get you out.
The U.S. credit downgrade and the European
debt crisis have divided investors into three camps: in the
first investors are selling their stocks, in the second they're hunting for safe money havens, and in the third they're holding their breath, hoping to wait out the storm.
The decision by the Eurozone to force bank depositors in Cyprus to contribute towards a bailout, a
first in the Eurozone
debt crisis, could hurt other peripheral nations, the Euro and the global stock market rally, analysts warned.
If you are hit with a financial
crisis, and you can't pay all your bills on time for the month, it usually makes sense to pay your secured
debts first.
The book follows around
debt collectors and those associated with them, a colorful bunch, who see their see their opportunities flow and ebb as the financial
crisis first produces a lot of bad
debts to work on, and they mine that ore until the yields get poor.
First enacted in 2007 after the housing
crisis, the mortgage
debt forgiveness exclusion provides substantial tax relief for families whose principal residence has been foreclosed.
Maybe the EU, Japan, or China will have a
crisis first... the
debt levels have certainly been increasing in each of those places.
But
first, the obvious fund to launch would be focused on the European periphery, and the distress caused by the European sovereign
debt crisis.
In the
first of three articles on the worsening
debt crisis, we examine the spread of contagion to...
Despite a strong
first half of the year, Shearman began to suffer a general slowdown in transactional work with the explosion of the Greek
debt crisis in August, says senior partner Rohan Weerasinghe.
Buchheit has also cowritten two legal journal articles on how to solve the Greek
debt crisis with Duke Law School professor G. Mitu Gulati, the
first of which was published in May 2010; the second in April of this year.
The June employment report showed significantly fewer hires compared to the
first quarter monthly average, and ongoing concern regarding the European
debt crisis and domestic financial markets may suppress a meaningful increase in private payrolls before the end of the year.
The report, titled «Enhanced Credit Data and Scoring: Deeper Insight into Mortgage Applicants,» notes that consumers used to pay mortgage
debts first, but because of the recent financial
crisis some consumers now treat paying other
debts, such as credit card bills and car payments, as a higher priority to maintain personal financial liquidity.