Deflation Arrives in the UK but “Avoided” in US?
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Deflation Arrives in the UK but “Avoided” in US?
September 9, 2009 – 1:05 pm | No Comment

Two contrasting statements are hitting the front pages today.  On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …

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Municipal Bankruptcy: Jefferson County, AL
August 29, 2008 – 7:38 pm | No Comment

Jefferson County, Ala., could be filing for bankruptcy after failing to negotiate terms with lenders.  If the county defaults, it would be the largest ever municipal bankruptcy.
“After months of failed negotiations with creditors and counterparties …