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

You searched for: label/sovereign debt

Debt Ceiling Consequences

If the debt ceiling is not raised at some point the US government will be unable to meet all of its obligations. I assume that they will make their interest…

‘Ruthless’ bankruptcies

…the proportion of debt in the speculative category growing, the credit rating agency said. In 2011, there will be about $300 billion in debt due, of which 41 percent is…

A scaled model of debt driven stimulus

…it but…I used my credit union.) Yes, I’m driving up the debt, but I’m creating jobs and I’m build wealth. I purchased locally to assure my bank supplied money (debt)…