US DEBT

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Are We In Too Much Debt?

Debt is necessary for households to build assets and improve human capital while for the government, it facilitates government investment in the society. Debt helps companies to grow and develop. However, excessive debt held by households, companies or the government may create potential financial or economic instability.
AP

U.S. Brace For Possible Credit Downgrade

WASHINGTON - The Fitch credit rating agency has warned that it is reviewing the U.S. government's AAA credit rating for a possible downgrade, citing the impasse in Washington that has raised the threa...
Getty

The Bigger Worry For Canada

The U.S. government shutdown dominated headlines on both sides of the border Tuesday, but economists say there is little chance of the shutdown harming the Canadian economy unless it drags on past the...