…Star Tribune reports on what appears to be the rising number of arrests of debtors who have been thrown behind bars for missing court-ordered debt payments or for not appearing…

…these universities and colleges weren’t being funded mostly by tuition. And should Republicans actually acknowledge that current high levels of student debt–debt already incurred, which was the subject of that…

…a competitior in the economy. So, how convienent the conservative issue is debt. Too much of it they say. Too much spending. HA! The real debt is in the lack…

Kevin Drum pushes back on the WSJ claim that household debt is a problem in America, and Kevin brings the receipts: “. . . debt as a percent of disposable…

…the Euro area debt crisis hits business expectations in the core. Through July, business confidence in Germany and France continued to slide while that in Belgium rebounded, albeit from a…

…play — the price of BTPs fell sharply, that is, the interest rate spread between BTPs and Bunden (German bonds) shot up to around 400 basis point 4%. As a…

…euro area growth had not regained its GDP lost as of Q2 2011. And don’t even get me started on Japan. The ECB is tightening; US Congressional leaders are recklessly…

This week further evidence has emerged of Germany’s slowing growth trajectory. At 4.9% annual growth (calendar-adjusted) and a tightening bias from the ECB, this was, of course, to be expected….

…a country (e.g only Greece so far) to borrow from the newly established fund, put up by EU countries and the IMF and backed by the ECB, with a further…

…markets even with the help from Uncle Sam (or Auntie BoE or Cousin ECB for that matter). With the cascade upon us and now that we’ve set aside all political…