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The current national debt just surpassed $17,000,000,000,000. For guys like kluvs, this mean 17 trillion. It is very very bad for the economy.
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∙ 10y ago
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How bad will the us economy get in 2011?
the economy of the U.S. will have been in a serious debt ceiling crisis but there will be a solution by prez.Obama and his people . But there will not be a bad situation the economy of the U.S.will get back on its feet again,"LONG LIVE U.S.A."
What is the real burden of an increase in the public debt?
If the government runs into a deficit whatever the burden is will be passed on to the next generation. Public debt increases when the economy is in bad shape.
How much is the US national debt?
As of January 31st 2011, total debt of the US economy is 14.13 Trillion US Dollars.
What are Bad things about a mixed economy?
why is the mixed economy good
What was the economy base of Bohemia in 1848?
good bad economy
Is bad debt a current liability or expense?
Bad debt is expense to reduce the amount of accounts receivable not recoverable from customers.
The current state of michigans economy?
"bad"
Is provision for doubtful debt a current liability?
Provision for doubtful debt is current asset which is created as a reduction in accounts receivable balance and which is adjusted at actual bad debt.
How is the economy in Haiti?
Foreign Debt: $1.875 billion Internal Debt: $697 million Current Balance: -$485 million Per Capita: $1,300
How bad will the us economy get in 2011?
the economy of the U.S. will have been in a serious debt ceiling crisis but there will be a solution by prez.Obama and his people . But there will not be a bad situation the economy of the U.S.will get back on its feet again,"LONG LIVE U.S.A."
Why is the coupon rate a bad estimate of a firm's cost of debt?
A coupon rate is not a good estimate of a firm's cost of debt, as it is only a reflection of the firm's cost of debt when bonds were issued, not the current cost of debt. It's not representative of the yield in the current market.
What is the real burden of an increase in the public debt?
If the government runs into a deficit whatever the burden is will be passed on to the next generation. Public debt increases when the economy is in bad shape.
Why is the Greek government failing?
I don't know why, but my guess is that the people are getting low pay, debt mabey,bad economy?
Current maturities of long-term debt?
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
How in debt is US?
Very in debt. The current debt is almost 15 trillion. If the current debt keeps rising the total debt is estimated to hit around 21 trillion.
Is having debt good or bad?
To be in debt is usually considered bad.
Is credit card debt down?
No. Because of the bad economy, high prices, poor prospects for the future, downward slide of the stock market, and a rising national debt; the overall credit card debt is up and rising. As long as the economy is poor and does not look good for the future, credit card debt will increase. People are using their credit cards to buy essential goods and services they can not afford to be without.
