…the punt? Could we say ‘Fuck You’ to Germany and all our debtors? Could we say ‘Fuck You’ to the EU and let the Eurozone fall? Our politicians tell us…

…are debt liabilities more risky for countries than equity? Debt is contractual: the holder of the debt expects to be paid regardless of economic conditions. Equity holders, on the other…

…liabilities. In other words, increasing debt to cover past debt. Firms are lowering future interest rates by stocking up on cash and increasing debt. It looks as though low interest…

…historically the most common form of debt on consumers’ credit reports, representing more than half of all debts on these reports. But the agency found that medical debt is typically…

…the need for debt restructurings. The World Bank pointS out in its most recent Global Economic Prospects that global debt levels in 2020 rose to their highest levels relative to GDP in…

…the federal debt reached its limit on multiple occasions from 2008 to 2011 which led to a series of increases of the debt limit. In 2011, the Treasury asked for…

Talking national debt. “Paying interest on a growing debt. not spent on education, healthcare, roads and bridges, social safety nets, or (if we actually needed more spending on it) national defense.” “Psst:…

…first. Too much political risk. Debt exceeding tax income is the result of new tax cuts. Still this report and graph are accurate. “The Problem of Rising Federal Debt” Published…

…Fed is “monetizing” the debt (because reserves aren’t money). If you think in terms of consolidated Treasury/Fed net issuance/retirement of government bonds, it’s retiring debt — removing bonds from the…

…year. But the evidence is clear and convincing that an inflationary secular trend of rising interest rates is here. The Bonddad Blog “The bond market sends an unprecedented message,” Angry…