Will the Feds Use the California Crisis to Change the Rules on Munis?
July 10, 2009 by admin
Filed under Housing, Mall, property, Real Estate
If you live in the United States, there is a good chance the crisis in California is going to affect you. And if you own municipal bonds — either directly or indirectly through other investments — what’s happening in California could have a major impact on your finances.For years, state government budgets have been expanding as the economy grew and the rising housing market swelled property tax coffers
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Will the Feds Use the California Crisis to Change the Rules on Munis?
China Will Help World Economy Recover From Recession
July 8 (Bloomberg) — Billionaire George Soros called China “a positive force” that will help drive growth as the world emerges from the current economic crisis. “For China, the crisis is something affecting them from the outside,” said Soros, 78, in a Bloomberg Radio interview. “They can stimulate their economy
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China Will Help World Economy Recover From Recession