…that have placed the government so precariously in debt. With debt levels already too high, the effects of the Fannie and Freddie bailout, along with declining tax revenue due to…

Lessons from Italy and Australia by One Salient Oversight Statements: ———————– 1. Together, the amount of money the Italian government spends on debt servicing (interest plus paying back principal) is…

…is why I have labelled “Public Debt” as having an inflationary effect earlier in this article. Think back to the 1970s and the problems we had with inflation back then….

…people to cluck their tongues about the Present Value of all that debt. But at this point in time a full 24% of that outstanding debt is represented by the…

Market Watch reports important news on needing more liquidity. Probably worth several posts. Hat tip to stormy. The Federal Reserve, along with other central banks, said Friday that it was…

…investors, some of the largest money market funds today are putting part of their cash into one of the riskiest debt investments in the world: collateralized debt obligations backed by…

…Society” is more than just debt to foreigners: the US Government continues to pile up debt at a record pace and US consumers are following suit. The National Debt has…

…from other types of debts, such as the government debt owed the public. Unlike a government debt resulting from borrowing, this implicit debt is not binding because participants have no…

So here’s a question for you: how many times will the Bush administration have to ask Congress to increase the government’s debt ceiling? This week’s action makes #3 so far,…

…and two centuries respectively (six hundred years combined), the U.K. and the U.S. governments have paid off their debts exactly once: the U.S. in 1836. This happy event was followed,…