European Central Bank points to return of sovereign debt crisis In a speech this week ECB president Christine Lagarde said the euro bloc risked facing “a future of lower tax revenues and higher debt ratios” which would mean “fewer resources for social spending.” ... 11/21/2024 - 3:54 pm | View Link
No, China Doesn’t Really Have a Debt Crisis Beijing is gun-shy about fiscal stimulus due to concerns more debt will build up. This thinking is muddled. Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment ... 11/20/2024 - 6:00 am | View Link
Defusing Debt Bombs: Trump May Impact A Crisis Of Investor Confidence Handling the impending fiscal crisis will be the first test for Donald Trump in 2025. It could also mark the beginning of a broader economic transformation in the U.S. 11/18/2024 - 3:45 am | View Link
3 Signs That America's Debt Crisis Is Growing Overall household debt — which includes mortgages, student loans, credit cards, car loans and more — rose by $147 billion last quarter. 11/15/2024 - 12:20 am | View Link
Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says The US debt has soared in recent years, and with no solution proposed by either presidential candidate, it will likely hit unprecedented levels that could spur a crisis, former FDIC Chair Sheila Bair ... 11/5/2024 - 1:47 pm | View Link
The ERA Coalition is asking everyone to call, text or email President Joe Biden asking him to do everything possible to get the Equal Rights Amendment published as the 28th Amendment to the U. S. Constitution.
Urge President Biden to do everything he can to publish the Equal Rights Amendment as the 28th Amendment to the Constitution to ensure his legacy includes enshrining gender equality.
Pam Bondi, Trump's new nominee for Attorney General, has proved her undying loyalty to El Cheato. And as we know, that's all that counts.
She first came to national attention back in 2013 when, as Florida's AG, she was expected to join a multistate lawsuit against Trump University, one of Trump's scams.
On this day in 1968, The Beatles released their double self-titled masterpiece, known colloquially as The White Album.
Show Me Progress: Sycophant has got to sycophant.
Chicago Reader: Renters’ rights.
Jabberwocking: North Carolina creates permanent Republican Supreme Court.
Attention space nerds! Don’t let Trump and Musk gut NASA.
Round Up by driftglass of the Professional Left Podcast and Science Fiction University
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In 2009, Jeremy Clarkson bought a "farm" for £4.25 million, featuring a six-bedroom mansion with a swimming pool, tennis court, orchard, croquet lawn and five parking spaces. At the time he crowed he'd never have to pay any taxes on it. And back then he could easily afford it, making £14 million per year hosting "Top Gear," probably the most watched television show on the planet at the time.
During the Thatcher years, in 1984, Inheritance Tax Relief was introduced so that wealthy landowners could protect their estates under the guise of protecting farmers.
SAO PAULO — Police indicted Brazil’s former President Jair Bolsonaro and 36 others for allegedly attempting a coup to keep the right-wing leader in office after his defeat in the 2022 election. Already barred from running again in 2026 for a different case, he could now land in jail and see his influence further diminished.
Brazil’s federal police said the sealed findings in Thursday’s indictment were being delivered to Brazil’s Supreme Court, which will refer them to Prosecutor-General Paulo Gonet, who will decide whether to formally charge Bolsonaro and put him on trial, or toss the investigation.
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Gonet is already under pressure from his legal peers to move forward with the various investigations related to the ex-President, local media have reported.
Colorado homes for sale are at their highest levels in over a decade.
According to the October Market Trends Housing Report from the Colorado Association of Realtors, with 3.5 months’ supply in the seven-county Denver metro area, active home listings are up 14% year-over-year. Statewide, with 3.8 months’ supply, active listings are up nearly 17%.
“While Denver has consistently been characterized as a seller’s market throughout recent years, current trends indicate a moderate shift toward a buyer’s market this winter season,” said Cooper Thayer, a broker associate with the Thayer Group in Castle Rock.
Despite the increased inventory, prices remain near record highs, with the median price for single-family homes at $583,000 and condos/townhomes at $425,000.
The percentage of list price received continues to hover around 98% statewide.
With more homes available, Thayer encourages sellers to highlight features that set their properties apart in their listings.
“Today’s homebuyers have much more time to make decisions and negotiate and are spending a higher percentage of their income on housing costs, driving them to be much more cost-conscious,” he said.
“The most successful listings today are those that are more unique and/or put in more preparation work than comparable properties on the market.