The US national debt is subdivided into two sections: Debt held by the public Intragovernmental holdings. The IMF figure for the USA’s debt-to-GDP ratio of 131.2% includes both of these figures. Debt Held by the Public Some sources count only the debt held by the public as the national...
National debt is the total amount of money that the government owes, including what it borrowed from national creditors and foreign creditors.
Interest raterefers to the percentage of the total loanthat is added onto how much is owed each year. A person who charges exorbitant interest rates is called a ‘usurer’. In more common everyday English,he or she is known as aloan shark. In medieval Europe, usury was common until the...
The data in your credit report is made up of your financial history. USA.gov explains that the personal information that may appear in your credit report may include bill payment history, loans, current debt, bankruptcy history, and records of lawsuits....
This is another one of those items that is really just for myself, because it will certainly come up again… I have a Synology NAS I use for backups, and once in awhile you end up with a filesystem error that it can’t fix, so the recommended solution is to copy everything off ...
Money is the good that is most universal, in the sense that people want it, or realize they can trade for it and then easily and reliably trade it for something else they do want. Other definitions consider money to be “that which extinguishes debt”, but debt is generally denominated ...
How serious is the public debt situation in the USA? What is the difference between the debt and equity markets? What is 'remittance income'? What do total revenues equal to? To what extent will Western countries use inflation to depreciate their debt?
What is the current dollar amount of "bad debt provision" in the balance sheets of the ten largest banks in the USA, as of August 2012? How are debt and equity securities reported? I have went for settlement for my credit. And the concern bank is not providing me with the letter that...
You’ve probably heard of “the 1%.” They’re the absurdly wealthy who have more wealth than the remaining 99% (based on data from Credit Suisse). But what does it take to be in the 10%? 20%? Is it still stunningly wealthy? Or does the line drop quickly? We know that the avera...
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Twitter...