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If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
Under President Obama, the federal debt has increased from $10.6 trillion to $16.2 trillion over the past four years.Financial YearOne trillion dollars represents $3,200 per person in America. Thus the national debt now approaches $52,000 per person, or $208,000 per family of four. At a historically typical rate of 5 percent, interest on the debt would equal $10,400 per family this year.Budget DeficitThe Office of Management and Budget forecasts debt increases each year through 2022.Greece has large deficits after heavy spending and borrowing for years. One-third of the workforce is on the government payroll.Government bonds have junk status. The government cannot pay its workers and suppliers on time. Banks wont lend, businesses are closing, and there are violent riots in Athens. Unemployment is 24 percent overall, 55 percent for young adults.Read More: http://www.postbulletin.com/news/stories/display.php?id=1511495
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