…sells a dollar of bonds and purchases a dollar of equity, private investors would buy a dollar of bonds and sell a dollar of equity. I go onto to explain…

…when reading J. W. Mason and Arjun Jayadev’s paper, “Fisher Dynamics in Household Debt: The Case of the United States, 1929-2011.” I’m prompted to write about this now by Carola…

…increases will eventually require significantly higher government outlays the US has unprecedented levels of debt and annual budget deficits the US spends too much compared to its tax revenues (the…

…respond to crisis). And debt–which had been spiralling upwards under the Bush regime with increases in debt ceiling hardly noticed–suddenly was a monster that must be contained. And all of…

…of the special investment vehicles designed to pump and dump mortgages belong to European not American banks … Euro banks listed their periphery debt as Tier One Capital under Basel.)…

…debt-to-GDP ratios were the second highest amongst the G7 countries, after Italy’s, and the US financial press was unfavorably comparing Canada to Mexico. That year, with the IMF supposedly lurking…

…and in fact mirrors the original plan for Bush’s Commission to Strengthen Social Security (CSSS) in 2001-2002. Step one. Get consensus on ‘Crisis’. In this case that current debt growth…

…spending which keeps unemployment equal to the NAIRU will imply high public debt after the economy is out of the liquidity trap. In the real world, such public debt creates…

…this debt? “I think that the buyers of the debt could be US banks for quite some time…” then notes that banks are not lending and asks: So where do…

…this trend to record rates by retiring an historic $2 trillion in debt over the next 10 years. Under the President’s budget, the national debt will be only seven percent…