by Linda Beale More on speculation: Banks, Credit Default Swaps, and Greece’s Debt (Part 2) Yesterday, I commented on Darrell Duffie’s defense of speculation in the Wall Street Journal, here….
by cactus A Graphical Look at the National Debt in the Bail-out Era Apologies for the lighter than normal posting, but things have been very hectic around here. Aside from…
Instapundit offered a chart on the growth of actual and projected Federal government budget deficits a couple months ago: Treasury lists the numbers of the on-going rise in debt as…
…would slice the real value of our debt — public and private, U.S. bonds and jumbo mortgages — in half.” Notice how “log(2)/log(1.1) = 7.25 becomes “three or four”. To…
…GDP, it makes sense to remove debt. Going back to 1960, JFK/LBJ, Clinton, and Carter showed the fastest annual increase in real GDP less federal debt per capita. The Republican…
…is that in the next 10 to 20 years, given the Bush tax cuts that Greenspan supported, the Federal government’s debt will be extremely large. The problem is that by…
No problem. Just raise your credit limit: WASHINGTON – The government should hit the national debt’s $7.4 trillion ceiling this month, and the Bush administration told Congress again Monday it…
…million. That’s according to a new report by two Washington-based research groups – the Institute for Policy Studies and the Center for Effective Government. Fix the Debt is a PR…
Gail Tverberg offers her view on possible ramifications of the severe drop in prices for oil and debt financed growth: There are really two different problems that a person can…
The Flow of Funds report from the Federal Reserve came out today for the 4th quarter of 2014. Non-financial business debt grew quite fast. “Non-financial business debt rose at an…