…Housing Bubble and Mortgage Debt as a Percent of GDP – by Bill McBride Calculated Risk Two years ago, I wrote The Housing Bubble and Mortgage Debt as a Percent of…

…long term debt problem Does this mean our long-term debt problem is solved? No, it doesn’t. Debt at 97 percent of GDP is still a serious challenge. But it’s a…

…disposable income servicing debt. This is in sharp contrast to Euroland where household debt stands at around 60% of GDP. The picture looks a little different if you look at…

…depositing it in recipients’ bank accounts. Bond/debt issuance is immaterial, because the Fed has no choice but to buy all the new bonds for “cash.” (Yes, the Fed is actually…

…debt we can have and what can we afford?” He did not explain why this is so. He did not, for instance, attempt to compare the debt to the financial…

…refused to authorize a “clean” debt ceiling hike. The hike in the debt ceiling, for those who may not know, is necessary for the US government to pay debts that…

…already has the tools he needs to meaningfully address the student debt crisis and forgive a portion of our nation’s student debt. _________ “Another view of the student loan debt…

…even paying off the interest, so it was frustrating,” Tully said. Stanley Tate, a Baltimore lawyer specializing in student debt, warns against this approach. “Federal student loans are contractual debts,”…

There are a couple of easy ways to check out current Federal Public Debt to the dollar or even the penny. One you could check out the National Debt Clock…

…in which bond holders just get interest and principal and a whole lot the 0.1% of the time in which Lehman brothers is liquidated is of little use to bondholders….