Thursday, March 20, 2008

How much is $87Billion?

1- National Debt :The total amount the federal government has borrowed -- not just in one year, but the total for all the years it has
Trade Deficit: is the difference between what u.s companies export and what U.S companies import into U.S.



2-The difference is that the national debt is the amount cumulative over the year and the trade deficit is what is cumulative.

3-Today the national debt is $9.2 trillion and the trade deficit is about $58,200 million

Wednesday, March 19, 2008

visa ipo

Visa's initial public offering made its new owners very, very rich when it priced Tuesday night for a record-breaking $17.9 billion. Now Wall Street wants to know how it will fare on the open market as it begins trading today on the New York Stock Exchange under the ticker symbol V (V).

There are high hopes for Visa, despite months of stock and bond market turmoil that has dragged the three major indexes lower and pushed bond yields to their highest levels in years. While no one believes that the markets will rebound because of Visa, analysts believe its success could breathe life into a stagnant IPO market.