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Browsing Tag
finance news
Links: 2013-01-11
The Terrifying Danger of the Trillion Dollar Coin
"The bottom line is that the Trillion Dollar Coin removes profit the financial system makes on the interest payments to holders of the Treasuries - this reduces the cost to government (and…
Links: 2013-01-09
North America
Letting the payroll tax cut expire was a terrible idea; extent of terribleness unclear | FT Alphaville
"While workers intended to spend 10 to 18 percent of their tax-cut income, they reported actually spending 28 to 43…
Links: 2013-01-08
North America
Consumers Take on More Debt - Real Time Economics - WSJ
"U.S. consumers’ overall borrowing expanded in November at a quicker pace than the previous month, led by bank loans and student borrowing.The total outstanding dollar…