'No Way Out' of Debt Trap
Gross Says
U.S. Living Standards Doomed to Fall: In U.S., states across the country face a collective $125 billion shortfall for fiscal 2012, while Congress is facing a budget gap nearly 10 times that size.
http://yhoo.it/fRbCqL
Broke Town, U.S.A.: Is this America's future?
Cities across America are facing dire financial distress. Meredith Whitney, a banking analyst turned independent adviser who correctly predicted the banking meltdown, has issued an Armageddon-like prediction of mass municipal defaults.
http://www.nytimes.com/2011/03/06/magazine/06Muni-t.html
Will California Fall Into 'The Black Hole'?
California only has a short amount of time to fix its troubled economy, with an $84 billion budget and $24 billion deficit, or else it will deteriorate to the point of no return, Sean Egan, founding partner and president of Egan-Jones Rating Company, told CNBC on Monday.
http://www.cnbc.com/id/41950398
From Information Clearing House
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=budget
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=municipal+default
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=banking+meltdown
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=living+standard
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=California
-----
U.S. Living Standards Doomed to Fall: In U.S., states across the country face a collective $125 billion shortfall for fiscal 2012, while Congress is facing a budget gap nearly 10 times that size.
http://yhoo.it/fRbCqL
Broke Town, U.S.A.: Is this America's future?
Cities across America are facing dire financial distress. Meredith Whitney, a banking analyst turned independent adviser who correctly predicted the banking meltdown, has issued an Armageddon-like prediction of mass municipal defaults.
http://www.nytimes.com/2011/03/06/magazine/06Muni-t.html
Will California Fall Into 'The Black Hole'?
California only has a short amount of time to fix its troubled economy, with an $84 billion budget and $24 billion deficit, or else it will deteriorate to the point of no return, Sean Egan, founding partner and president of Egan-Jones Rating Company, told CNBC on Monday.
http://www.cnbc.com/id/41950398
From Information Clearing House
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=debt
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=budget
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=municipal+default
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=banking+meltdown
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=living+standard
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=California
-----
Starmail - 9. Mär, 09:33
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