Amid vast government outlays designed to end the economic crisis, the debt reached a record 13050826460886.97 dollars on June 1, according to official figures. The debt has increased by around 1.6 trillion dollars in the last year and …

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Consumer Debt Picture Improving · From Bloomberg: Consumer delinquency rates are dropping at U.S. retailers and banks such as American Express Co. and Bank of America Corp., signaling an incipient lending thaw that may spur economic …

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Steven Feldman wrote an interesting post today onHere’s a quick excerptConsumers have been dealt a blow with the coming of this economic crisis. Many lost.

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It’s not clear that the economic rebound is reaching everyone, but the recession has forced more people to pare down their credit card debt , down about 10% from a year ago.

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Suffering under the weight of credit card debt ? Is the economic crunch bringing the creditors to your doors?

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Most European stocks declined as increasing concern that government debt levels will stall the economic recovery overshadowed a rally by basic-resource producers. Asian shares plummeted.

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Below is some analysis of how the ratio of government debt to GDP has evolved in the United States since World War II. The data come from tables B-78 and B-80 of the 2010 Economic Report of the President. I deleted the “transition …

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Bonds Ease On Improving Economic Data; Market Braces For Record Issuance Ahead. By REUTERS Posted 04/23/2010 06:51 PM ET

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Overview The consequences of the economic downturn have been dire for many consumers. Foreclosure, lay offs and market losses have created a devastating perfect.

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Because of the advancement of the economic downturn, the US economic system is experiencing turmoil. Thanks to the excellent profit making fiscal inst.

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