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.
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."
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.
Public debt refers to the money owed by the government, while private debt is the money owed by individuals or businesses. Public debt can impact the economy by affecting interest rates, government spending, and investor confidence. Private debt can impact the economy by influencing consumer spending, investment, and overall economic stability. Both types of debt can have significant effects on economic growth and financial stability.
Private debt is money borrowed by individuals or businesses from private sources such as banks or investors, while public debt is money borrowed by the government from the public through the issuance of bonds. The key difference is that private debt is used for personal or business purposes, while public debt is used to fund government spending. Private debt can impact the economy by affecting consumer spending and business investment, while public debt can impact the economy by influencing interest rates, inflation, and government spending priorities. Both types of debt can have implications for economic growth and stability.
As of January 31st 2011, total debt of the US economy is 14.13 Trillion US Dollars.
Bad debt is expense to reduce the amount of accounts receivable not recoverable from customers.
"bad"
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.
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."
Foreign Debt: $1.875 billion Internal Debt: $697 million Current Balance: -$485 million Per Capita: $1,300
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.
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.
I don't know why, but my guess is that the people are getting low pay, debt mabey,bad economy?
The utilization of loans in the current financial market is high, which can lead to concerns about excessive debt levels and potential risks to the economy.
Current maturities of long term debt means that portion of debt which is payable in current fiscal year.
To be in debt is usually considered bad.
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.