…loan issues and debt are still in existence. The debt owed is fare larger now with much of it being accumulated interest on principle. The cause of much of this…

…spending (expenditures other than rent, debt payments, and necessities like medicine and groceries) and savings. The larger a borrower’s monthly student debt payments are relative to their discretionary income, the…

…web application Debt to the Penny. This handy application allows you to track Total Public Debt and its two components Debt Held by the Public and Intragovernmental Holdings to the…

…U.S. or Eurozone, or non-residents. They point out that while U.S. households, corporations and its government account for 80% of global non-financial dollar debt at the end of 2014, the…

…It is going to be extremely difficult for some of the peripheral eurozone economies to escape without large-scale defaults on their massive private external debts, public external debts, or both….

…do with each other to start with. To understand this we have to back off and examine four different categories of debt: Public Debt, Debt Held by the Public, Intragovernmental…

…all Treasury debt held by entities other than the Treasury itself. The balances of Debt Held by the Public, Intragovernmental Holdings, and total Public Debt can be checked at the…

…shows that a rational investor should be indifferent to the currency in which debt liabilities are held. If the liabilities consist of public debt denominated in a foreign currency, the…

Robert Waldmann A specter is haunting Paul Krugman — it is the specter of apparently sophisticated forecasters who predict a huge spike in US long term bond rates in the…

…debt + sovereign debt + corporate debt), while French banks hold 32% (see Tables below). Furthermore, German banks accumulated 20% of all Irish external debt, 14% of Italy’s, and 21%…