…a competitior in the economy. So, how convienent the conservative issue is debt. Too much of it they say. Too much spending. HA! The real debt is in the lack…

Kevin Drum pushes back on the WSJ claim that household debt is a problem in America, and Kevin brings the receipts: “. . . debt as a percent of disposable…

…using bond market pricing back in August 2011. Now I question it once more using the ex post trajectory of mortgage rates. Across the Euro area, 43% of total home…

…growth in the debt deflationary economies like Spain. I’ve argued a similar point in the past. However, I’d like to add that this “perverse cult” called the European Central Bank…

…Yuan is pegged to the dollar and has not changed one cent this year. Because the dollar has weakened this means that the yuan has weakened against the Euro and…

Here are some charts to demonstrate what I was talking about. the recent drop in US bond yields has not been accompanied by a similar drop in European rates. Consequently…

…“grand bargain.” Woodward’s piece is labeled opinion. But it is in fact not opinion; it is bald representation of fact. In other words, it is standard journalism reportage. Except for…

…more deficits and debt before we were done with it. We ended up with failed (de)regulatory policies. They allowed Big Banks and their big moneymakers to speculate their way into…

(Chart via Orcam Investment Research) http://pragcap.com/an-alternative-view-on-the-corporate-cash-hoard let me say, however, that I think there’s a very good case that the redistribution of income away from labor to corporate profits is…

…a stellar job a week before his inaugural address explaining the debt ceiling law and what “raising the debt ceiling” means–and that ti does not mean what the Republicans’ campaign…