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Credit.com News + Advice
First you cross your fingers hoping you’ll get approved for the credit card you want. Then you cross them again hoping the credit limit will be generous enough to get you what you want. Maybe you need it to pay for some expensive dental work you have to get done. Or perhaps you are applying... Read More The post How Do They Decide What My Credit Card Limit Should Be? appeared first on Credit.com .
18 hours ago
The Pentagon’s new budget request asks that the Navy receive a large increase: $161 billion for the 2016 fiscal year, versus $149 billion in the current fiscal year. Last month, Navy Secretary Ray Mabus told the House Appropriations Committee that the Navy must get bigger — increasing to a total of at least 300 ships, versus the current 275. Gregg Easterbrook makes the case in the NY Times that...
Running 'Cause I Can't Fly
"The End of the Great Debt Cycle” by Bill Bonner Gualfin (“End of the Road”), Argentina - “It’s the end of the great debt cycle,” says hedge fund manager Ray Dalio of Bridgewater Associates, taking the words out of our mouth. Bond fund manager Bill Gross adds context: "In the past 20 to 30 years, credit has grown to such an extreme globally that debt levels and the ability to service that debt...
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