Lifted from comments Denis Drew points us to: Americans are drowning in debt. Here’s where they have it the worst. By Christopher Ingraham, December 8 at 1:58 PM https://www.washingtonpost.com/news/wonk/wp/2017/12/08/americans-are-drowning-in-debt-heres-where-they-have-it-the-worst/?utm_term=.45e91dd1c24f “Nationwide…

…levels have risen. The IMF has updated its Global Debt Database, which includes private and public debt for 190 countries dating back to the 1950s. The data show that the…

…interest and principle on the old bonds. The debt to GDP ratio shrinks to zero if r<n and debt is rolled over. This is how the USA handled World War…

…long term bonds (and not short term notes and bills) and see the amount of long term bonds investors will buy at absurdly low interest rates. I mean this can…

…and the Student Loan Debt Org. assisting Alan and the members of the organization in their attempts to secure student loan debt relief from usurious loans. As Lisa points out…

…and policy analyst, argued the emails confirmed the “partisan hack job” of Missouri’s lawsuit to block student debt relief. The legal challenges have paused Biden’s student debt relief plan announced in August…

…huge political fight over Joe Biden’s debt forgiveness plan rages on. Americans have $1.635tn in federal student loan debt, held by 43.8 million borrowers. Some 26 million people applied or…

…for the investors (some of which were banks which then went bankrupt). It does not affect the debt (face value of the treasury securities) or interest paid on that debt…

…their independence, we must not let our rulers load us with perpetual debt . . . if we run into such debts as that we must be taxed in our…

…is that the public debt can be rolled over forever always using new borrowing to pay bondholders. The debt then grows at rate r + the primary deficit/debt. The primary…