Debt

the world The USA maintained a more dynamic economy (4,7 % of unemployment and 3,5 % of annual growth) than the EU (more than 10 % of unemployment and 2,5 % of growth on average). But, this American advantage is fragile: a part of its national debt is held by China and creates an element of vulnerability and political tension between both countries. According to Angelier (2004), China seems to create more protectionist reactions coming from the USA than from Europe. Indeed, the part of the Chinese

that has sponsored locally- and nationally-coordinated protests since 2009.its platform is explicitly populist and is generally recognized as conservative and libertarian. It endorses reduced government spending, lower taxes, reduction of the national debt and federal budget deficit, and adherence to an originalist interpretation of the United States Constitution. The name "Tea Party" is a reference to the Boston Tea Party, a protest by colonists who objected to a British tax on tea in 1773 and demonstrated

association(Housing associations in the United Kingdom are independent not-for-profit bodies that provide low-cost "social housing" for people in housing need) the charge of council houses, in order once again tu reduce, or not to increase the public debt,and this policy remained even under theLabour Party II/ Situation today (housing crisis) The housing crisis Between 1998 and 2007 house prices in the United Kingdom rose dramatically, making housing unaffordable for some people. Most developed

mortgages (prêts hypothécaires) and any securities (titres) related to such mortgages In short, this allows the Treasury to purchase illiquid, difficult-to-value assets from banks and other financial institutions. The targeted assets can be collateralized debt obligations (cad des obligations qui ont pour base des prêts hypothécaires) , which were sold in a booming market until 2007 when they were hit by widespread foreclosures (saisies, cad que le créancier devient propriétaire de la maison) on the underlying

marginale à consommer. Accompagnement de la politique de relance par l’investissement d’une politique monétaire de taux d’intérêt faible. Pour sortir de récession il faut favoriser la consommation (demande) et l'investissement (offre). La théorie de la «debt inflation» d’Irving Fischer. Les approches en termes de sous consommation, de sur-investissement, de surproduction permettent d’expliquer les petites crises. Les grandes reposent sur le surendettement et la déflation. En phase de croissance il y

derisory. Moreover, these interventions are not related to patient health, in consequence, they are not reimbursed by the social security and if some celebrities have a lot of money, other people more anonymous are not so fortunate and have to run into debt. Ex: l.16 « Cindy have spent 60,000£ undergoing 42 cosmetic procedures.» l.27 « Miles embarked on the 35,000£ makeover » -In terms of psychological effects, they tend to be ignored or underestimated: { Sometimes, patients may no longer

Thirteen Colonies and Great Britain had been at war for more than a year. Relations between the colonies and the mother country had been deteriorating since the end of the Seven Years' War in 1763. The war had plunged the British government deep into debt, and so Parliament enacted a series of measures to increase tax revenue from the colonies. Parliament believed that these acts, such as the Stamp Act of 1765 and the Townshend Acts of 1767, were a legitimate means of having the colonies pay their fair

banques pratiquent la titrisation de ces crédits. C’est-à-dire qu’elles font des packs de plusieurs crédits (des crédits moins risqués et des crédits subprimes) qu’elles revendent sur les marchés. Ces titres portent en général le nom de Collateralised Debt Obligations (CDO) ou de Asset-Backed Security (ABS), vous avez du en entendre parler. (Vous connaissez ou vous voulez que j’explique en détails ?) Quel est l’intérêt pour la banque de pratiquer la titrisation ? -La vente des titres permet à la banque

tiers tout en gardant les titres dans son bilan ; * ils assurent souvent non pas directement  de la dette identifiée (celle d'une entreprise ou d'un Etat par ex.) mais des obligations adossées à des prêts immobiliers, comme les CDO (Collaterized Debt Obligations). Or ces fameux CDO sont des montages de différentes tranches de dettes, avec dans chacun un % assez faible de dettes très risquées (parce que ces ménages sont peu solvables et cesseront de rembourser leur prêt immobilier au moindre retournement

who said: “Poland is the country with the best performance in 2009; its growth is impressing if you compare it with the world economy”. For the Polish Prim Minister Donald Tusk, the objective now is to preserve or accelerate this growth, limited the debt and reduce the deficit for attract the investors. However, economists explain these score by 2 main raisons: the currency money and its fluctuation, and the money injected by Europe in Poland. B/ The Zloty, an advantage during the crisis