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Will Americans Spend More this Holiday Season?
While it is common financial advice to not spend beyond your means, surveys claim that people plan on spending less during holidays this year.
UK Economy Worst Hit Since 1709
Sovereign debt in the UK is now described as being at a peacetime high. The Country’s GDP is projected to continue to decline.
State Linked Companies in China are Defaulting
Concerns about fraud and ‘malicious asset transfers’ rise as chinese companies with government ownership default on their debt obligations.
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