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

You searched for: label/occupy wall street

The 2% (non) Solution: Part One

…protected throughout its history by the wall represented by a dedicated payroll tax and a Trust Fund whose reserves were drawn from that same stream. This Administration just breached that…

Current Account Deficit Sustainability

…central banks’–desired holdings of dollar-denominated assets shortly hit the wall, and the asset price shifts that result from desired holdings’ hitting the wall reduce, or do not increase, confidence in…