…persistent surpluses in creditor economies contribute to a stronger euro, making it tougher for euro area debtor economies to adjust. “To make the rebalancing more robust, policies are needed to…

…the Treu, Suarez and Gonzalez reforms. 2. Why would a German discussion of leaving the Euro be a threat ? Why wouldn’t the remaining Euro block say good buy*, good…

…lend more (as they are already). Debt deflation is a choice for countries with their own currency. I think the transfer from creditors to debtors will stimulate demand. 4) money…

…currency traded around CHF0.9370 against the euro in the European session on Thursday, trimming gains as the market ructions from earlier in the week abated and some haven flows were…

…the massively greater load of private debt, and its spectacular runup compared to government debt: This from Steve Keen’s latest. (It’s not very long. There are lots of pictures. It…

…year to pay for student loan debt. Many low-income taxpayers who took out debt decades ago and who have tried to pay this debt back, find – with accrued interest…

…seems to understand that broad-based debt forgiveness would be a political liability.  But even a targeted approach to debt relief through executive action seems like an incredible kludge.  We need…

Start to cancel some of the loans instead. Student loan debt is now the second-highest consumer debt category after mortgages. Student loan debt in the United States totals $1.777 trillion; annual growth resumed…

I did this a couple of years ago. What you are looking at is the current Student Loan Debt carried by former students. Also included is the ages of each…

…deficit are all done based on income. The numbers look huge. $16.5 trillion in debt. Deficits to add to the debt in the trillions and only $14 trillion per year…