Despite passing more public spending cutbacks that lead to national demonstrations and riots, Greek efforts to secure another round of bailout funding to avoid bankruptcy has failed. 26 weitere Wörter
Schlagwörter » Deficit
The highway authority and the largest public pension in Puerto Rico have joined in declaring bankruptcy protection (link).
The current account or trade balance, a touchy subject for the US for a long time. As usual with numerous presidents before Trump, Trump blames current account surplus countries like China, Germany and many developing countries for America’s current account deficit which Jeffrey Sachs described 602 weitere Wörter
Finance spokesperson Grant Robertson says that a Labour government would target infrastructure deficits and social deficits‘ and revise the Government targets on lowering financial deficits. 345 weitere Wörter
I actually can’t take it anymore. It is economically illiterate and it is self-defeating and it has to stop. It is like someone lighting a fire, which is an inferno when the fire brigade arrives, and then the person who starts it runs around replacing the brigade’s water with oil, and fanning the flames, whilst screaming at the fire bridgade that they can’t believe the fire isn’t out. 570 weitere Wörter