– by New Deal democrat Something not just unusual, but unprecedented has happened in the bond market this year. Normally, when an inverted yield curve (where earlier maturing bonds yield…

…between domestic CPI and Eurostat’s Harmonised CPI here.) The chart illustrates the German CPI, the German harmonised measure of the CPI (HICP), Eurozone HICP inflation, and the ECB’s policy rate….

…it looks like the eurozone leadership, under French guidance, will go for the Full Bailout option, in which all Greek debt is bought up by the IMF, by the European…

…reports student loan debt has increased from 3.1 percent to 9.6 percent. Since 2004, student loan debt among those 60 and older has also grown the fastest of any age…

…internal labour cost devaluation has yet to materialize in the GIIPS or the Eurozone as a whole. According to last week’s Eurostat release of Q1 2010 quarterly labour costs for…

…Eurozone. Consequently, the returns that sovereign borrowers in the Eurozone had to pay on their bonds began adecline that has continued to the present day. But the challenges now facing…

…rate in the Euro-zone is now 8.2%, shockingly high by US standard but lower than the average from 1990 through 2008. If one assumes that the Eurozone natural rate is…

…disposable income servicing debt. This is in sharp contrast to Euroland where household debt stands at around 60% of GDP. The picture looks a little different if you look at…

…bonds or written off. The IMF’s latest Global Financial Stability Report provides data on the recent rise in government debt: “Government debt in emerging markets (excluding China) is expected to reach 61…

…loan issues and debt are still in existence. The debt owed is fare larger now with much of it being accumulated interest on principle. The cause of much of this…