The fate of Italy’s banks is still tied to public debt

IN ITALY’S BUDGET drama, the action is shifting away from Rome. Last month its populist government said it would run a fiscal deficit of 2.4% of GDP in 2019—wider than euro-zone rules permit, and than markets had expected. Cue a sharp rise in borrowing costs, to more than three percentage points above those in Germany […]

Contending With Debt: 244 Midterm Candidates Are in the Red

In her historic campaign to become the first female African-American governor in the United States, Stacey Abrams has captured the hearts of progressives who have long dreamed of turning the red clay of Georgia a liberal blue. But this spring, the Yale Law grad and entrepreneur had to confront what could be her Achilles’ heel: […]

Billionaires have the miracle you need to get out of debt (but they’re keeping it for themselves)

Debt is a way of life in America. Research by the Pew National Trust shows that 80% of Americans are living with some kind of debt. Between student loans, mortgages, and credit card debt, the majority of consumers in the US are feeling the burden. Total student loan debt has reached close to $1.5 Trillion […]

Kim Dotcom says dump 'worthless' dollar in favor of gold & crypto as US debt spirals out of control

Controversial internet entrepreneur Kim Dotcom has called for the ditching of the US dollar, which, he says, is doomed to depreciation, and investing into gold and cryptocurrencies. The huge US debt will destroy the American economy and lead to a global economic collapse, which is just around the corner, the founder of the now defunct […]

Musk plan to privatize Tesla pushes $2.3 billion of debt above conversion price

[unable to retrieve full-text content] Filed under: Earnings/Financials,Green,Tesla,Green Culture,Electric The move may provide a little debt relief. Continue reading Musk plan to privatize Tesla pushes $ 2.3 billion of debt above conversion price Musk plan to privatize Tesla pushes $ 2.3 billion of debt above conversion price originally appeared on Autoblog on Tue, 07 Aug […]

In Sickness and in Health … but Not in Debt

Before and after, there’s the bachelor/bachelorette party, the rehearsal dinner and the day-after brunch. There’s the photo booth, which is a definite necessity these days. And what couple doesn’t have a website designed to share with the world the first time they laid eyes on each other? The sane person will certainly agree with sociologist […]