Word: doubledealing
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By modern standards, the federal debt is actually not growing very fast. In the past decade, while consumer debt has more than doubled and corporate debt has jumped 360%, Federal Government debt has gone up only 15%. And because the federal debt is rising much more slowly than the U.S...
Personal & Business. The fastest-expanding area is auto credit, now at $25.4 billion. Ten years ago, the typical car buyer made a down payment of 30% and carried the balance over 28 months; today he puts down only 25% and finances the car over 32½ months. Personal loans, like...
Good Risks. Is credit being stretched too far? The American Banker Association's delinquency figures have been gradually edging up, and mortgage foreclosures have doubled in the past four years (to 108,620 in 1964). Americans now typically spend 14.3% of their income to pay off their debts. While...
This fusion of books and promotion has attracted more than 40 book companies into the field. Dell Publishing Co., a leader in general paperback sales, three months ago started a new corporate division to handle books for business. Venerable Doubleday & Co. doubled its sales of such books within a year...
Under Roche, G.M.'s overseas sales m 1964 were 22% higher than in 1963 and double 1958 sales. New G.M plants as well as styling and engineering centers have been built or are rising in Britain, Germany, Belgium, Australia, New Zealand, South Africa, Mexico and Peru. In 1966, when...