English and Cullen poles apart on economic state of nation (The New Zealand Herald)

Finance Minister Michael Cullen yesterday gave a bleak reminder of New Zealand's national debt challenge while opposition finance spokesman Bill English painted a rosier picture of a country coping well with tougher times.
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English and Cullen poles apart on economic state of nation (The New Zealand Herald)

Mounting U.S. Debt Raising Concerns (KiplingerForecasts.com)

Rating agencies say a downgrade from the top rating is unlikely but is no longer out of the question.
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Mounting U.S. Debt Raising Concerns (KiplingerForecasts.com)

Bank of China says 1st-half profit up 43 percent (INO News)

(AP:BEIJING) Another major Chinese bank reported double-digit profit growth Thursday as it avoided the credit crisis that has battered Western lenders but warned it might face tougher conditions in coming months.
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Bank of China says 1st-half profit up 43 percent (INO News)

Bankruptcy can help give individuals a fresh start (Plymouth Observer)

I received a letter from a couple in severe financial condition. They maxed out their charge cards. They worked with a credit counselor, who got their payments lowered. They called the charge card company, which lowered the interest on their debt.
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Bankruptcy can help give individuals a fresh start (Plymouth Observer)

Other Voices: Warning: Fiscal crisis ahead (Appeal-Democrat)

Think of the movie "I.O.U.S.A.," which opened last week, as a kind of disaster movie for adults. Unfortunately, it's a documentary, not fiction. The disaster is the national debt. Right now, it stands at $9.5 trillion, measured in terms of borrowed money that we must pay back.
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Other Voices: Warning: Fiscal crisis ahead (Appeal-Democrat)