Real Estate & Property Law

Official estimate of 2009 GDP deficit of US - $1 trillion
[The United States federal government deficit] has been officially forecast at US$1 trillion for 2009 - double the 2008 deficit and equal to about 7.5% of US gross domestic product - without Mr Obama's proposed stimulus package, but some private sector economists forecast a deficit of as much as US$1...

How Much Is a Trillion
President Obama’s proposed budget calls for a deficit of over One Trillion Dollars. How much is a trillion? One Trillion Dollars can pay the rent for every renter in the US for three years… One Trillion Dollars can pay the mortgages for every homeowner in the US for 14 months… One Trillion Dollars can buy all the homes [...

The $ 3 Trillion Dollar War
Nobel Prize-winning economist Joseph Stiglitz estimates the cost of the wars in Iraq and Afghanistan to the United States alone will exceed $ 3 trillion -- yes that is not a typo, that is a "t" trillion...

Business Spending on Fixed Assets Rises to $1.36 Trillion in 2007
News release: "U.S. businesses spent $1.36 trillion on new and used structures and equipment in 2007, of which $1.28 trillion,...

Budget deficit projections for 2009-2018
Sometimes I think I should publish my novel on-line, since I don't have a non-virtual publisher.  It's funny and a good read.Bush's new budget is also being published only on-line.  It's equally fictional, though a lot less funny and not so good a read...

DTCC: $33.6 Trillion in CDS Registry
DTCC: Gross notional total of credit default swaps in DTCC registry is $33.6 trillion. $15.4 trillion in single-name CDS, and $14.8 trillion in CDS linked to indexes. DTCC claims that its registry captures about 90% of the CDS market...