…the real leverage problem is in the household sector, and to a much lesser degree, the non-financial business sector. Household debt burden is the ratio of the debt stock (generally…
Debt Ceiling Nonsense Yet Again – A Catch 22? Of course, there should be no debt ceiling. The US is the only nation to have one for absolute amounts of…
…relief to you. Use this Link Debt Relief | Application | Federal Student Aid to get to an Application for Debt Relief. What this looks like when you get to…
Credit conditions worsen, and likely to worsen further due to Debt Ceiling Debacle II – by New Deal democrat The Senior Loan Officer Survey, which measures credit on offer by banks,…
…six digit debt. And no one has fixed the damn problem allowing OPMs to do this. DeJa’Vu just like the for-profit schools. Online College Class Providers Screwing Over Students, Adding…
Paul Krugman writes on debt and austerity some more, and a link to Steve Roth’s post It’s private debt from December 2011 is mentioned in comments near the start of…
…stay down. Gaps in coverage and high out-of-pocket costs are what push families into medical debt. Affordability does not come from asking patients to navigate prices while sick. It comes from…
…between the nominal bond yield and the inflation-adjusted bond yield) increased somewhat during August and September (almost certainly tied to the rise in oil prices during that time), but have…
…in the system. So if I own a Treasury bond, that is a real asset but it is not a real asset when a Trust Fund owns a Treasury bond….
…subsequently rise to the red dot. The excess money demand implies excess bond supply. Bond prices fall, thus raising the interest rate back up to the red dot equilibrium, where…