New York Times

China Steps Up Warnings Over Debt-Fueled Overseas Acquisitions ...
New York Times
The announcement by China's cabinet is the strongest signal yet that Beijing wants to rein in runaway debt that could pose a threat to its economy.

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AgWeb

Farm Debt, Assets at Record Highs
AgWeb
As a result, they continue to take on more debt. In fact, the absolute amount of outstanding farm debt is likely to reach an all-time high this year. “If debt were to increase 5% from current levels it will exceed 1980 levels,” says Brent Gloy of ...



Fitch upgrades Greece's debt one notch to B-
MarketWatch
Fitch Ratings late Friday upgraded its rating on Greece's sovereign debt one notch to B-, from CCC, with a positive outlook, saying that country's economy is "gradually recovering" and public finances are improving. The country's debt sustainability ...

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CNBC

China's new problem: 'Frenzy' of consumer lending creates debt 'explosion'
CNBC
The Chinese government is moving to tackle high debt levels, but the country is still borrowing more, Deutsche Bank said in a report released Thursday. That's because short-term consumer debt in China has begun to surge as authorities try to alleviate ...
IMF's China debt warnings are eerily familiarAsia Times

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Forbes

This Week In Credit Card News: Card Debt Is Rising; Buffet Investing More In Credit Card Industry
Forbes
The country also hit a scary milestone earlier this month: Americans now collectively have the most outstanding revolving debt---often summarized as debt on credit cards---in U.S. history. Americans had $1.021 trillion in outstanding revolving credit ...



Bloomberg

House Conservatives Split Over Debt Ceiling - Bloomberg
Bloomberg
House conservatives are split over how to approach the upcoming debate over the nation's debt limit, with some resigned to raising it with little drama and others ...

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Forbes

Consumer Debt Reaches New Peak: Will Losses Follow?
Forbes
Student loans have reached an incredible $1.3 trillion. Total credit card debt has reached $784 billion, the highest level since the fourth quarter of 2009. Credit card delinquencies have also started increasing from historic lows. Mortgage debt is ...
US Consumer Debt — Ten Years LaterPYMNTS.com

all 2 news articles »


Student loan debt crushing older Americans too
Fox Business
As previously reported by FOX Business, outstanding student loan debt has increased by more than 457% since 2003. Correspondingly, average loan balances have grown among individuals. The FICO data shows that retirement-aged Americans, 65 and ...



Business Insider

One of the most prominent Chinese analysts is sounding alarm on the country's debt
Business Insider
LONDON – Charlene Chu, an influential China analyst, of Chinese debt, warned the country's debt problem is starting to have global implications. Speaking to the Financial Times' Gabriel Wildau this week, Chu said: "Everyone knows there's a credit ...

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Daily Signal

Our Debt Problem Is Really a Spending Problem. Economic Growth Won't Fix It.
Daily Signal
Romina Boccia focuses on federal spending and the national debt as the deputy director of Thomas A. Roe Institute for Economic Policy Studies and the Grover M. Hermann fellow in federal budgetary affairs at The Heritage Foundation. Read her research.


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