Debt Consolidation and Debt Restructuring Differentiated By National Debt Relief – Benzinga

Debt consolidation and debt restructuring are two separate debt repayment programs and National Debt Relief shares the difference between the two. The article titled “Debt Consolidation Vs. Debt Restructuring” and released August 14, 2017 takes a look at the distinct differences between the two to help consumers make better and informed decisions. New York, NY…

Prominent China debt bear warns of $6.8trn in hidden losses – The Australian Financial Review

by Gabriel Wildau One of the most influential analysts of China’s financial system believes that bad debt is $US6.8trn above official figures and warns that the government’s ability to enforce stability has allowed underlying problems to go unchecked. Charlene Chu built her reputation as China banking analyst at credit rating agency Fitch, where she was…

Australian startups need to create respectful & inclusive environments — and it’s not about free food and ping pong … – Business Insider Australia

The recent revelations of sexual harassment in tech and venture capital are shocking. Theres rightly been a lot of discussion in our industry about how to react to these stories and how to deal with the perpetrators. However, theres also a broader issue that seems to have received less attention the fact that many of…

The risk of a financial crisis in China is growing – Business Insider Australia

China has a debt problem, and if it continues to place short-term growth goals ahead of managing longer-term financial stability risks, it runs the risk of suffering a sharp growth slowdown, or worse. Thats the latest assessment from the International Monetary Fund (IMF) who describes Chinas current credit growth trajectory as dangerous given the precedent…

International Monetary Fund warns on China’s ballooning corporate debt – The Australian Financial Review

China’s consumers spend too little and its corporate sector spends too much. That’s the blunt message from the latest country report from the International Monetary Fund, which highlights a series of worrying, if not new, imbalances across the Chinese economy. In six charts the IMF lays out its case for why Beijing needs to act…