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PEOPLE'S POTTERY, Rochester, filed for Chapter 11 bankruptcy protection, listing assets and debts both of $10 million to $50 million.
If the savings rate increases to help cover those debts, both groups will offer less support to the economy in the near term.
Its debts, both shadowy and well-lit, are much smaller relative to GDP than they were in most Western countries before the crisis struck.
Should the Greek banking system falter — a certainty if Greece defaults on its debts — both French banks would be in trouble, analysts say.
Moreover, the German national balance sheet is not immaculate: its total debts, both private and public, equate to over 240 per cent of its Gross Domestic Product.
"Children can't vote, don't give money and have no power, and neither do their parents". We boomers are also preying on children in a more insidious way: We're running up their debts, both by creating new entitlement programs and by running budget deficits today.
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Jefferson County issued two types of variable-rate debt, both of which blew up.
Debt, both public and private, is oppressively high in many euro-zone countries.
To be clear, it's a debt both real and owed.
Brazil's debts frighten its creditors: net public debt is nearly 60% of GDP, some $250 billion, and net foreign debt, both public and private, is $165 billion.
For we have our own currency — and almost all of our debt, both private and public, is denominated in dollars.
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