…sold at major retailers today, such as legendary Half of Fame MLB pitcher Nolan Ryan’s private label beef that is carried exclusively at Kroger stores, or at his private label…

…(See also Thinking About the Fed.) If you don’t think anyone is confused by that term, understand: in “public debt,” “public” means government. In “debt held by the public,” “public”…

…with pro-cyclical fiscal policies. In each case Yglesias considers current interest rates and the deficit not the stock of debt. Put roughly, when the public debt goes from $-5 to…

…one would expect if low growth caused a high debt to GDP ratio. Future growth is low if debt is higher than one would predict given debt 5 years ago…

…~$240 billion to > $1,000,000,000. Up from 41% in 1989, 66% of all students now have an average debt of ~$27,000. The rise in average student debt is due to…

…said. But after suggesting that Sallie Mae typically sells those debts for 15 cents on the dollar, St. Peters abruptly changed course and refused to deal with Gokey and Debt…

…internal labour cost devaluation has yet to materialize in the GIIPS or the Eurozone as a whole. According to last week’s Eurostat release of Q1 2010 quarterly labour costs for…

…rate in the Euro-zone is now 8.2%, shockingly high by US standard but lower than the average from 1990 through 2008. If one assumes that the Eurozone natural rate is…

…deficits; rising debt; rising debt service (via surging credit spreads). Sovereign default seems like a near-certainty somewhere in the Eurozone! This article is crossposted at News N Economics Rebecca Wilder…

14th Amendment to the U.S. Constitution: Civil Rights (1868) | National Archives, Section 4. “The validity of the public debt of the United States, authorized by law, including debts incurred…