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local government
Pensions: NJ raises assumed return, transfers management to beneficiaries
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The Fed’s emergency powers will make QE using municipal bonds attractive
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The Great American Pension Crisis is right around the corner
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Pension Crisis: Former California state controller warns about CalPERS
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Using QE instead of rate cuts for cycle trough stimulus for US adjustment
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Candidates for tail risk in 2015
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Detroit and Rome: ‘A Tale of Two Cities’ regarding weak municipal finance
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China update: local government debt, Yasukuni reaction, IPOs and more
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More thoughts on the global recovery
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China’s huge demographic challenges have already begun
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