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Debt on the Rise and Some things you should know

Posted by James Breen at 5 July 2008 20:16

Today I found a place to share, that place is where I am My Business Guide. During my endless web tour, finally I settle down here. Before I passing the good post about spread betting to my friends, I like to hear your voice first.

Anyway, take the chance now to reflect a little on what I have:

June 30th, 2008 I haven't updated my debt meter in quite sometime and it's no longer in the $13,000-range. In fact, we started off the year at $15,000 in credit card debt, so I'm betting that meter hasn't been updated since June of last year when we were battling down debts to buy a house. The purchase of said house stalled all progress in reducing our credit card debt - something we expected for the first year of home ownership. We were doing pretty good for a .. full post.

When we discover, as most of us do, how little our precious possessions will fetch in the marketplace we are inclined to be disillusioned, event to feel that we are being updated.

I'm happy to announce the public beta launch of Yoopick, the sports prediction contest with a twist. You pick any range you think the score difference or point spread of the game will fall into, for example you might pick Pittsburgh wins by between 2 and 11 points. The more, your prediction is viewed as unlikely by others, and the more you're willing to stake on your prediction, the more you stand to gain. Of course it's all for fun: you win and lose bragging rights only. You can play ..next.

You would be amazed at this. Moreover, you should be surprised to learn.

The Bear on Jun 27 2008 | Filed under: Culture of Corruption, Energy Policy INTRADE ticker tape I have gotten several e-mail inquiries about INTRADE ticker tape at the top of this website. This is NOT a poll in any sense but what it is, is legalized betting on the futures market via contracts. These contracts are winners takes all. As of this writing, the money boys are betting that the next President of the United States will be Barack Obama by a ..full story.

It is such a pity. If I could read this just before I made my mind, it could have been so different.

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With regulatory controls and debt proving a huge problem for many firms, less that one in seven predict a decline in the number of failing businesses. "Rising levels of corporate debt and record low levels of consumer spending are twin perils facing struggling British business, " explained Colin Haig, partner in the Business Recovery Services team at PwC. "We are seeing lots of companies who are already showing signs of distress looking nervously at rising raw material prices, and the cost of increased regulation, " he added.


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