Credit and debt are essentials of the modern economy but as my mother used to say, life is often either a feast or a famine and we are closer to the latter now.
Related posts:
- Moody’s says US and the UK are moving closer to losing their AAA credit ratings as the cost of servicing their debt rises
- Markets News Afternoon: AIB junior debt adjustment triggered ‘credit event’; Banks reject ISME’s credit survey findings
- Irish Economy 2011: Ireland may seek to restructure its sovereign debt; Economy to emerge from recession in 2012
- Irish Economy 2011: Politics and sovereign debt restructuring
- Irish Economy 2011: Two tiered jobless recovery expected this year; NCB says sovereign debt restructuring cannot be ruled out