Big China Default Around The Corner?
Chinese company debt twice the size of Ireland’s economy will come due in 2014, spurring concern the nation is on the cusp of its first corporate bond default. Read Here – Bloomberg
Tag: Default
Which Is Better? Shutdown Or Default?
On a global scale, then, the volatility caused by furloughs and sequesters looks pretty small. But the relative impact of default will be much worse in the case of the U.S. than it is when it comes to smaller, poorer countries. Read Here – Businesswekk
looking beyond borders 