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Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
Financial Markets Services Consulting, IT CIO ACO Grupo Santander, IBM Global Services Principal, Electronic Data System Client Ececutive
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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
WASHINGTON (MarketWatch)
Consumer credit rose 5.9%, or $13.8 billion, to a
seasonally adjusted annual rate of $2.85 trillion, the Federal Reserve said
Wednesday
Revolving credit like credit cards fell 3.8%,
while nonrevolving
credit like student and auto loans climbed 10%
Revolving credit fell for the
first time since March, while nonrevolving credit has grown every month since
August 2011
Credit rose at a 6% rate for the second quarter as a whole
May's
gain was revised to $17.5 billion from $19.6 billion.
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