Sell Alaska! Plus, Seven Other Crazy Debt Fixes

Jan. 23 (Bloomberg) -- Some people say the country shouldn't spend more than it makes, just like a family. What would a family do to fill a $16 trillion deficit? Bloomberg's Mike McKee explores. (Source: Bloomberg)

Realistic to Expect a Good Return from Risky Investments?
21:34 - Portugal’s debt would no longer be eligible for purchase under the European Central Bank’s quantitative-easing program if the country’s credit rating is downgraded on Friday, President Mario Draghi said. A decision by Canadian rating company DBRS Ltd. to take away the country’s only investment-grade rating would disqualify Portuguese sovereign bonds from asset purchases and use as collateral in refinancing operations, Draghi said at a press conference in Frankfurt following the Governing Council’s monetary-policy meeting. A rating review is due on Oct. 21. M&G Investments Chief Executive Officer Anne Richards discusses Portugal's rating review and the outlook for the European economy with Francine Lacqua on "Bloomberg Surveillance."
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