Talking national debt. “Paying interest on a growing debt. not spent on education, healthcare, roads and bridges, social safety nets, or (if we actually needed more spending on it) national defense.” “Psst:…

…first. Too much political risk. Debt exceeding tax income is the result of new tax cuts. Still this report and graph are accurate. “The Problem of Rising Federal Debt” Published…

…Fed is “monetizing” the debt (because reserves aren’t money). If you think in terms of consolidated Treasury/Fed net issuance/retirement of government bonds, it’s retiring debt — removing bonds from the…

…year. But the evidence is clear and convincing that an inflationary secular trend of rising interest rates is here. The Bonddad Blog “The bond market sends an unprecedented message,” Angry…

 – by New Deal democrat Something not just unusual, but unprecedented has happened in the bond market this year. Normally, when an inverted yield curve (where earlier maturing bonds yield…

…it looks like the eurozone leadership, under French guidance, will go for the Full Bailout option, in which all Greek debt is bought up by the IMF, by the European…

…markets were tight. Debt levels were still high. There is much more to the story than just… The ECB caused a recession by raising rates. There was an adjustment process…

…out of the ECB is simply a reflection of the hole that is the appointee to run the ECB after Trichet leaves in October. More bluntly put: they’ll say anything…

…reports student loan debt has increased from 3.1 percent to 9.6 percent. Since 2004, student loan debt among those 60 and older has also grown the fastest of any age…

…bonds or written off. The IMF’s latest Global Financial Stability Report provides data on the recent rise in government debt: “Government debt in emerging markets (excluding China) is expected to reach 61…