FTC and 11 States Announce Actions Against Student Loan Debt Relief Scams – insideARM.com

On Friday the Federal Trade Commission (FTC), along with 11 states and the District of Columbia, announced Operation Game of Loans, the first coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief scams. This nationwide crackdown encompasses 36 actions by the FTC and state attorneys general against scammers alleged to have used deception and false promises…

The RBA is increasingly worried about the impact of China’s debt levels on the global economy – Business Insider Australia

Chinas rise to economic prominence over the past two decades has benefited many countries, including Australia. As a commodity-rich nation on Chinas doorstep, Australia benefited more than most thanks to its insatiable appetite for its natural resources, helping its transition towards a predominantly urban, highly-connected economy. However, as many are acutely aware, that economic transformation…