Deleveraging Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The congre excuse meer is comin back? >> households went into this recession very leveraged. and this means borrowing less, saving less and spending more. that's one of the big challenges of getting yourself out of a financial crisis is that process. we have seen that process work its way tlig for more households, more for households at the top than at the middle or the bottom. so consumer spending has been strengthening and i would expect it would continue to stay robust. >> we might be an acceleration point in job growth? >> we're at a strengthening point over this last six months and i feel...

Of control. there certainly has been some progress but crews here concerned about the weather conditions. it's going to be a long day on the front lines. back to you. >> thanks to miguel for all of his coverage out there. there are renewed concerns about the economy with word that domestic manufacturing fell for the first time in nearly three years. an unwelcome sign about american productivity. peter orszag was president obama's first budget director, a key player in shaping the 2009 stimulus deal and the health care law. he is now at citigroup. gillian tett is u.s. managing editor for the ...

revolutionary biometric id for every one of india's citizens. >> also, the housing bubble caused the crash. will a coming housing boon finally power this anemic recovery? >> first, here's my take. what to do about syria? western military intervention looked fraught with difficulties. but the situation on the ground is a humanitarian nightmare and is creating greater instability by the week. i have been persuaded they might be a path forward. the pressures on bashar al assad's regime are mountding. it's running out of crash and faces a real military threat from turkey. these pressures...

discuss all this. then we go overseas to egypt's election of muhammad morsi. what can we expect from an islamist president? two of the top egypt experts tell us. next, how do you count and catalog 1.2 billion people? i'll ask the man creating a revolutionary biometric i.d. for every one of india's citizens. also, the housing bubble caused the crash. will the coming housing boom finally power this anemic recovery? first, here's my take. what to do about syria. western military intervention looks fraught with difficulties, but the situation on the ground is a humanitarian night...

Basically about $20 billion of that $25 billion is going to be principal reduction. actual write-downs on thetle t value of the principal of the loan and principal reductions had -- lot of people had been calling for principal reductions from the beginning of the crisis as the key way of helping the deleveraging process of getting recovery in both -- human terms and getting people to be able to stay in their homes but also macro economically. so that part of it seems good. the question is, is it sufficient and you seem skeptical of the settlement. i want to hear your feelings about it. >> ther...