…the circular flow of the economy that must be offset by a leakage. In other words, leveraged consumption will eventually be balanced by de-leveraging. Wages are not a debt, but…

…ignore their share of paying the debt. In contrast, when discussing public policy, people ignore the fact that the y Treasury’s debt is someone’s asset. They may believe (incorrectly) that…

…personal finance manager, working with National Debt Relief to alleviate the stresses of debt through consolidation and advisement.) 5 Reasons Why Student Loan Debts Are Only Increasing The debate rages…

Yves Smith writes: So bad economic times increase income disparity even among the young, and that will also make it even harder for them to contend with debt. I’ll return…

Via Digsby Oh, my goodness. Can it be that Fix the Debt is using patented right wing astroturf tactics?Say it ain’t so! Our friend Jon Romano, press secretary for the…

…interest rates it must pay and an extension of debt repayments. But the official targets for debt/GDP ratios of 124% in 2020 and 110% in 2022 appear unrealistic. In a…

…recent Brookings study released in June analyzed Federal Reserve Board data that tracks student debt and income levels in young households and concluded typical student borrowers were no worse off…

…I disagree and commenting. Referring to 2010 Even if existing debt had been entirely eliminated, the primary deficit, which was very large at the start of the program, would have…

…bailout loan of 2010 only delayed the eventual restructuring of Greek debt in 2012. The IMF now insists that the European governments grant Greece more debt relief before it will…

by Dale Coberly FIX THE DEBT WANTS TO SAVE SOCIAL SECURITY BUT WHY? I received an email a few days ago from Chris Dreibelbis, Fix the Debt, purporting to explain…