…January. As Krugman says, “It is, presumably, meant to be an offer Greece can’t accept.” The Germans, it would appear, have decided to push Greece from the eurozone. But demanding…

The Eurozone experiment in austerity continues to fail as the peripheral countries endure ongoing cuts. Following up on my post of August 15, it’s time to look at the most…

…finding relates to private debt levels prior to such crises, and how those debt levels relate the depth and duration of the ensuing recession. They conclude that: 1. Higher private…

…decline in nominal Federal debt.) Here’s the U.K.: David Graeber, from Debt: The First 5,000 Years: The reader will recall that the Bank of England was created when a consortium…

…2010 debt. That was computed by taking the debt in December (in September 2010 dollars) of each President’s last year in office, and, assuming the rate at which debt had…

…works for them, doesn’t it? Moderate Democrats have their own reservations about student debt forgiveness, says Cowley: There is a sense of people took these debts on willingly. Is this…

…rating scales by ratings agency). Companies are junk rated because they have too much debt and inadequate cash flow to service that debt. In other words, investors risked life and…

…are trapped in a vicious 2T student debt trap, uniquely stripped of the constitutional right of bankruptcy present in every other type of consumer debt. The newly passed debt ceiling…

…projects that credit card debt will increase by $120+ billion by the end of 2024. You can find other takeaways from WalletHub’s latest Credit Card Debt Survey below. Summer Debt Lingers: 46% of…

…very very low before QE III was announced. Then they didn’t change. There is no sign that bond investors’ views about short term interest rates during the term of current…