Monday, October 8, 2012

DailyMarkets.com - What Do We Have To Show For Our Deficit?

DailyMarkets.com - What Do We Have To Show For Our Deficit?

What Do We Have To Show For Our Deficit?

Posted: 08 Oct 2012 04:15 AM PDT

There is nothing inherently wrong with borrowing money. Taking out a loan to fund a business, buy a house, pay for education are all worthwhile endeavors for individuals and a nation alike. This said, there comes a point where imprudent borrowing and lending run the risk of fiscal calamity. That segment of our economic landscape is a distant  memory in our nation's rear view mirror.
My 8th grade son is mesmerized by the Debt Clock in the left hand sidebar here at Sense on Cents adding … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

U.S., Russia, Turkey Make Progress With Basel 2.5 – Report

Posted: 08 Oct 2012 03:55 AM PDT

    The United States, Russia and Turkey have made significant progress in implementing the Basel 2.5 global banking rules, while Argentina, Indonesia and Mexico still have work to do, according to the latest progress report by the Basel Committee on Banking Supervision.
    Basel 2.5 was agreed by global banking regulators in July 2009 as the first institutional response to the global financial crises, ahead of the more comprehensive revision of banking rules under Basel … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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