The number of seniors filing for bankruptcy has nearly doubled since 2007 to a record high of 12 percent, part of it driven by the financial crisis; another part by mounting debt for things like medical care, mortgage loans and credit card bills.
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]
What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]