Debt Ceiling? What Debt Ceiling? - Kelly Phillips Erb - Taxgirl - Forbes
Here is a great read, for those of you who want to have a better understanding about what the debt ceiling is and how it affects the U.S. economy. This is a huge issue in the news and is said that it could have grave consequences if not solved by August 2, 2011. Read more here.
Showing posts with label Debt. Show all posts
Showing posts with label Debt. Show all posts
Monday, July 11, 2011
Monday, June 6, 2011
Mexican and American Governments in the Midst of Refinancing
From Benzinga:
In what could become a global trend, Mexico and the United States are both working to refinance their borrowing. The countries are attempting to increase the average length of their debt maturities, according to Bloomberg. Mexico's efforts to refinance its debt to longer-term rates may indicate a desire on Mexican policymakers to reduce exposure to risk.
The article on Benzinga's website says policy makers in the United States have taken a similar approach. Over the past two years, the average length of U.S. debt has risen from 4.1 years to 5.0 years.
Read more about it here.
In what could become a global trend, Mexico and the United States are both working to refinance their borrowing. The countries are attempting to increase the average length of their debt maturities, according to Bloomberg. Mexico's efforts to refinance its debt to longer-term rates may indicate a desire on Mexican policymakers to reduce exposure to risk.
The article on Benzinga's website says policy makers in the United States have taken a similar approach. Over the past two years, the average length of U.S. debt has risen from 4.1 years to 5.0 years.
Read more about it here.
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