…and spending. If the programs are worthwhile and not pure pork, then politicians should be able to garner support for taxes, fees, and bond issues to fund those programs. This…
You searched for: label/euro; bond; debt; Eurozone
…and businesses will keep spending at these extremely high rates for more than a quarter or two… I would definitely not want to be in the bond market today. Kash…
…and where the consumer-price inflation rate is still only 0.5%. For the time being, likelier problems are roaring asset prices and a further increase in China’s already enormous bad-debt problems,…
…“they discussed plans for a new bond issue” [syn: plan, programme] 3: (computer science) a sequence of instructions that a computer can interpret and execute; “the program required several hundred…
…for America, not for politics, and as long as I have air in my lungs I will continue to speak my mind. …We made a sacred bond with these men…
Where Did the Risk Go? (2007)
Lifted from comments from reader Juan: Where Did the Risk Go? How Misapplied Bond Ratings Cause Mortgage Backed Securities and Collateralized Debt Obligation Market Disruptions Joseph R. Mason. Louisiana State…
Ireland, Krugman, Kenneth Thomas
…same conclusion by going straight to employment data: Eurostat This is not exactly a policy triumph. The one sense in which Ireland has made some progress is that it has…
Walras and The Carpenter
…here hinges on the word “spend,” and on the hidden assumption that “spending” on stock or bond purchases is equivalent to spending on carpenters or clams. (I sure wish “oyster”…
Barry Ritholz responds to one narrative of the 2007 financial collapse
…crisis. Lehman’s failure did not, however, cause the crisis. … The low rates had sent bond managers scrambling for higher-yielding fixed-income paper. They found that yield in securitized subprime mortgages,…
The things John Williams does not say…
…unconventional monetary policy has been moderately effective and has its limitations. For example, the forward-guidance communication of the Fed has had problems by affecting outside bond rates. He acknowledges an…
