Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/euro; bond; debt; Eurozone

Learning To Owe

…a four-year college left school with roughly $24,000 of student debt, with ten percent facing debt of $40,000 or more, according to the College Board. Total student loan debt will…

Debt fueled consumption

…I get just slightly irked, because it seems to me that the phrase “debt-fueled consumption” strikes the following chord: every American household was loading up on home equity debt just…

The Economics of Debt and Equity. with Football

bond yields and fluke periods of excessive rents combined fortuitously with an absurdist survivor bias. Otherwise, Modigliani-Miller should be correct and when you start measuring corporate returns against Government bonds,…

Krugman: Debt and Denial

Dr. Thoma excerpts from Paul Krugman’s NY Times Commentary: Debt and Denial. Dr. Krugman writes: “In 2005 spending on home construction as a percentage of G.D.P. reached its highest level…

Incoherent and Incoherenter

…It was possibly right for peripheral European countries trapped in the eurozone. It was right for Argentina. Why is it not right–or not possible for any reasonable probability–for reserve currency-issuing…

Searching for Stimulus

Eurozone , and Japan’s growth anticipated to be 1%. Of course, a breakdown of U.S.-China trade talks, the imposition of new U.S. tariffs on European cars or a disorderly Brexit…