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Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

MishTalk

In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Since 2007, government debt has grown by $25 trillion. Since 2007, government debt has grown by $25 trillion. China China’s debt has quadrupled since 2007.

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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Scranton taxpayers could face a 117 percent increase in taxes next year as the citys finances continue to spiral out of control. It may be viewed by some as kicking the can down the road, but it may prove to the state that we need a (countywide) sales tax.".

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FlexJobs CEO Sara Sutton on Flexibility and the Future of Work

Brimstone Consulting

Sara Sutton launched FlexJobs in 2007 after being frustrated with the lack of professional opportunities that offered flexibility. Reduced Schedule: Some people have so much to juggle during this time that they simply can’t meet a full-time schedule and need to reduce their hours. Have you seen changes with respect to job seekers?

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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. According to Moodys Chicago has $19 billion in unfunded pension liability and faces a "tremendous strain" in meeting their budget and paying law enforcement. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49).

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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Today the Fed released minutes of meetings at the start and during the great financial crisis. Some outside consultants presented to the Fed at that meeting, generally giving an amazingly rosy view of the world as well. All they have to do is pay out, as it is incurred, the interest that the structured-finance product can’t pay out.

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EU officials Give Greece Three Days to Deliver Reforms or Face

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. If they fail, the International Monetary Fund might have to withdraw from the 240 billion euro ($313 billion) bailout to avoid violating its own rules, which require a borrower to be financed a year ahead. December 2007 (69). November 2007 (91).

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There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business

In 2007 Harvard Business School professor Ethan S. Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk. We implemented weekly problem-solving meetings. Imagine you’re leading a sales team. Every spot on every line was visible to managers.

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