…for reference, also included the total Federal Debt. Graph 1 TCMDO, GDP and Total Federal Debt In 1950, TCMDO was about 1.3 times GDP, but growing a bit more quickly….

…I had more nearly relevant things to say in the Debt and Taxes series and, in particular in debt and taxes I and debt and taxes II. (the one with…

…sovereign should be able to stabilize its debt levels – even at 8% interest rate (borrowing costs) – PROVIDED (1) it grows, and (2) the sovereign increases its primary surplus…

…assets at fair value not wishful thinking) for all of the crappy debt that it holds on balance. In fact, the German banks purchased 1.1bn euro in Greek sovereign bonds…

…countries which are sovereign issuers of currency, such as the US or Japan, and non-sovereign issuers, such as Greece, or indeed any of the other nations within the euro zone….

…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…

…information about products’ energy use. Label is voluntary, and Congress ordered it The Energy Star label is voluntary for products that meet certain efficiency levels, and differs from Department of…

…public debt was $6.19 Trillion This week, public debt was $6.25 Trillion Last week, public debt/GDP was 43.32% This week, public debt/GDP was 43.73% Last week, public debt per person…

…Debt’ is the sum of ‘Debt Held by the Public’ (currently $11.9 trillion) and ‘Intragovernmental Holdings’ ($4.8 trillion). And what are ‘Intragovernmental Holdings’? http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm#DebtOwner Intragovernmental Holdings are Government Account Series…

by Linda Beale Time to Eliminate the Debt Ceiling As the post-shutdown resumption of talking in Congress gets underway and the days start counting down to the next debt ceiling…