The Federal Reserve released the “Household Debt Service and Financial Obligations Ratios” for Q3 2005 today. The household DSR (Debt Service ratio) set another record at 13.75%, up from 13.53%…

…of short-term debt, a foreign lender may decide not to roll over credit at the time when it is most needed. But recent papers have shown that foreign debt can…

…without increasing nominal expenditures for existing debt service. (Yes, with some exceptions for inflation-indexed debt contracts.) Deflation, the reverse. Nominal debt-service expenditures are (very) sticky. Or described differently: inflation constitutes…

…– looking at the nominal debt today compared to a decade ago is highly misleading. James Tobin once noted that the tripling of the Federal debt during the 1980’s was…

…student loan debt crisis, and many are expecting him to tackle that soon. On the campaign trail, he spoke about favoring some student loan debt forgiveness but was hesitant on…

…debt ceiling deal approved by Congress. Several former students told Newsweek they won’t make payments on a debt they say is spurious or cannot pay because of the rising cost of living….

Three in college and carrying student loan debt. There was no way Jan and I were going to leave this to them to pay it off by themselves. The debt…

…local governments are selling debt like it’s going out of style, with 28.2% and 8.3% annualized debt growth in the second quarter of 2009. It is no secret that the…

…it came close enough that it led to a debt downgrade for the US. So, Dems, if you lose a house of Congress, eliminate the debt ceiling, please! Barkley Rosser…

The US is one of a small handful of countries that has a statutory limit on the federal debt. It used to be routine for Congress to raise the debt…