The World Economy in Crisis: Debt, Double-dip, Employment Outlook. What Happens Next?

On November 8, 2011, Boston University School of Management hosted the first event in this year’s Dean’s Speaker Series, “The World Economy in Crisis: Debt, Double-dip, Employment Outlook – What Happens Next?” management.bu.edu The event featured a panel of experts discussing the state of the world economy and its effects on business, globalization, employment, and international relations. Much of the discussion was driven by questions from the audience. Panelists included: Jeffrey L. Knight, Head of Global Asset Allocation, Putnam Investments Lawrence Kotlioff, Professor, Department of Economics Michael Salinger, Professor, Markets, Public Policy & Law John Zhao, CEO of Hony Capital Boston University School of Management Dean, Ken Freeman, moderated the event.

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Is it better to have credit card debt or student loan debt?; Fitch revises Hungary's outlook to negative from stable on lower growth

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Question by Athena: Is it better to have credit card debt or student loan debt?
Does it make a diference as far as how poorly it looks on your credit report whether it is student loan or credit card debt?

Best answer:

Answer by jamesoooooooo
Studant loan debt by far as if it isnt payed for within the time it is written off, whereas a credit card will keep on adding intrest and could eventually overwealm you. Plus credit cards often lead people into a false sence of security knowing that they can spend as much as they want.

What do you think? Answer below!

Fitch revises Hungary's outlook to negative from stable on lower growth
In a response to Fitch, the economy ministry said Fitch's assessment was “excessively pessimistic,” vowed to meet its 2012 budget gap target of 2.5 percent of GDP and defended the payback plan for loans in foreign currencies “The debt cancellation plan
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