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Thursday, August 14, 2014

Budget

News                                                                                                                             
Wall Street Journal | Little Improvement Seen from China's Economic Stimulus Measures
Economic data suggested that recent stimulus measures have done little to improve two weak corners of China's economy—wariness about lending and a struggling property sector.

Econ Comments & Analysis                                                                                            
The Fiscal Times | Study Finds Americans Plagued by Outstanding Debt
A disturbing new study from the Urban Institute reveals that one out of every 20 American adults on file with credit reporting agencies has at least one debt that is between 30 and 180 days past dude, and that more than one in three has had a debt sent to a collections agency within the past seven years.