…because 16 years of private equity ownership have left the company with $7.2 billion in long-term debt, $5.5 billion in operating lease obligations, billions more in underfunded pension obligations and $1.75…

…Education) can cancel not just some, but all federally owned loans without needing any money from the Treasury. This will also add absolutely nothing to the national debt. This is…

…$4.6 trillion. The new load is projected to increase the national debt from $36 trillion this year to $50 trillion by 2034. The $5 trillion debt limit increase would allow…

…debt at the end of World War II. How did we pay off that debt? We didn’t, we just grew out of it: Federal debt in dollar terms was about…

…at least some credit card debt, and another 18% saying they “had this type of debt in the past, but not anymore.” The poll, released last week, also found that…

…Daily Telegraph is liveposting daily on the Debt Crisis: “Live coverage of the international debt crisis and rollercoaster financial markets in the eurozone and US.” From today’s postings: 20.06 Jeremy…

Clifford Clark’s post at ataxingmatter* is worth a more complete look. This also brings to mind Steve Keen’s work on private debt and the economy on his blog Debt Watch…

…of the debt overhang from the 1990’s, the debt accumulation spanning the second half of the 2000’s was precipitous. It’s very unlikely that the excess corporate saving will fall anytime…

…of debt to GDP indexed to the start of each Presidential term. Therefore, the numbers are not the debt ratios, rather the appreciation of the debt ratios since the onset…

…Star Tribune reports on what appears to be the rising number of arrests of debtors who have been thrown behind bars for missing court-ordered debt payments or for not appearing…