Consumers reduced their debt exposure, and save 5% of their income vs. 1% in 2008.
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In other words, someone might not be able to make the payments on their debt.
As Americans get better at dealing with their debt, the economy may begin to follow suit.
They book losses when the value of their debt rises, and gains when it declines.
The longer they wait to adapt to new rules the lower their debt ratings will go.
That would enable consumers to repay some of their debt yet continue to spend.
Higher German inflation would also help peripheral economies restore their competitiveness without deepening their debt crises.
The cards give "the debtor a positive way to settle their debt, " the website said.
The NBA and other leagues should include all team-related assets, included arenas, in their debt calculations.
On a positive note, this holiday season may mean that consumers learned their debt lesson.
Not only are consumers and businesses reducing their debt, banks are reducing their lending.
That puts them (as a group) in a good position to re-pay their debt.
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But unlike most others who outsource their debt collection, Capital One largely relies on employees.
They're saving and they're paying down their debt, which is what they should be doing.
Worse, the chaebol have switched their debt into foreign denominations over the past few years.
This is hardly the first time European banks have seen their debt ratings sliced.
Chinese companies that have borrowed in dollars will find the cost of their debt falls.
Another bunch of banks merged into a new one, leaving their debt-ridden shells behind.
That alone has saved the chaebol millions of dollars by lowering their debt-servicing burden.
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And some households may just be waiting for April 1st before sorting out their debt troubles.
The debt burden will ease as solvent companies restructure their debt and insolvent ones go bankrupt.
There is also some better optimism regarding Greek officials and their private sector discussing their debt restructuring.
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Markets have already tested the ability of the weakest governments to bear the burden of their debt.
We want to know if people are better off by having saved more, or reduced their debt.
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Why aren't companies taking advantage of these bargain prices and retiring their debt, thus reducing their liabilities?
Corporations are finding plenty of buyers for their debt, and many offerings have been completed this week.
It has yet to be determined who will have to make concessions to ease their debt burden.
Borrowing costs for weaker nations would come down because their debt would have countries like Germany behind it.
Yes, Thai corporations need to bring down their debt levels or at least convert borrowings into longer-term liabilities.
It comes amid renewed fears that Spain and Italy could struggle to pay the interest on their debt.
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