Beijing wants to keep its privacy and Washington, conscious of the importance of keeping its largest creditor happy at a time when other governments are clamouring for Chinese support for their own sovereign debt markets, was only too happy to find a way to comply.

Whose #debt? Full Morgan Stanley report here (PDF) cc @MichaelRosenYes

Whose #debt? Full Morgan Stanley report here (PDF) cc @MichaelRosenYes

Members of the Class of 2012,

As a former secretary of labor and current professor, I feel I owe it to you to tell you the truth about the pieces of parchment you’re picking up today.

You’re f*cked.

Independent developer MH Riley announces Debt Manager 1.5, an update to its popular financial management app for iOS devices. Debt Manager is aimed at people who are in debt and looking for a way out. It utilises the Debt Snowball method to illustrate a simple and highly effective technique for debt reduction. This helps to organize, track and pay off multiple debts in the cheapest and fastest possible way. Version 1.5 introduces new UI enhancements, Retina graphics and minor fixes.