The US is in the cusps of debt deflation? Join discussion...

A warning sign for the Australian economy Join discussion...

ABOUT 800,000 Australian households and up to 2 million small and medium-sized enterprises are living on a knife-edge and could go under in the face of high costs of debt, the latest mortgage report compiled by JPMorgan and Fujitsu warned yesterday. Join discussion...

A lot of young and rich from the investment and accounting industry have to sell their luxury cars quick to settle their margin lending loans Join discussion...

A very honest article about the US, the empire of debt Join discussion...

The funding cost for Australian banks are rising in the money markets... Join discussion...

THE domestic debt markets have ground to a halt, prompting fears that corporate capital activity will freeze as the liquidity crunch worsens. Join discussion...

If households are reducing debt, then according to Steve Keen, the Australian economy has to slow down significantly. Join discussion...

This Insight documentary will be on SBS tonight. Join discussion...

Take a read at this paragraph (this should be a warning for Australia): "These figures come as the Labor Department said on Friday that the unemployment rate reached a five-year high of 6.1 per cent in August. As the US economy falters and home prices keep falling, concern is building about a second wave of mortgage defaults in 2010. "The problem that policymakers and Wall Street once assured us was `contained' to subprime mortgages has proven to be anything but," Mike Larson, a real estate analyst with Weiss Research, said." Join discussion...