Debt Deflation - Wikipedia, The free Encyclopedia
Debt deflation is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the Wall Street Crash of 1929 and the ... Read Article
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Bad debt - Wikipedia, The free Encyclopedia
A bad debt is an amount owed to a business or individual that is written off by the creditor as a loss (and classified as an expense) because the debt cannot be collected and all reasonable efforts to collect it have been exhausted. This usually occurs when the debtor has declared bankruptcy or ... Read Article
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Meeting The Demand For Debt Relief
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Unsecured debt - Wikipedia, The free Encyclopedia
In finance, unsecured debt refers to any type of debt or general obligation that is not collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. In the event of the bankruptcy of the borrower, the unsecured ... Read Article
Kroger Reports Strong Third Quarter Results
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Almost always, the deeper an economy plunges, the more vigorously it springs back. But this Great Recession is different. Therefore, it’s time for a reality check. Economic growth — in the United States and in San Diego — will almost certainly be very slow for the next several years. ... Read News
Ways To Reduce The National Debt - About.com US Economy
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