Posts tagged as:

debt

Greek Default Inevitable…and Positive

May 11, 2011

Here is a video from Tech Ticker featuring Martin Wolf. Wolf is a writer for the Financial Times, and he really knows Europe. Essentially, he is saying that the Greek default is inevitable as Greece’s debt is 160% of its Gross Domestic Product (GDP) and the market is already pricing the event as short term [...]

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Krugman’s Depression

August 2, 2010

Paul Krugman, a Nobel Prize winning economist who writes for the New York Times, recently caused a stir when he wrote about “the third depression.” The premise of Krugman’s theory is the fiscal belt tightening taking place in many European economies, along with calls for budgetary restraint in the U.S., will push the world into [...]

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Is the Target Credit Card Right for You?

June 23, 2010

My wife loves Target (she and her friends use the French pronunciation). It appears the chain store is going to provide a flat 5% discount to customers using the Target Credit Card starting this fall. Target tried the discount at some locations in Kansas City and found it increased sales. So the company will launch [...]

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