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Credit Writedowns
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taxes
Japan doubling sales tax could mean less revenue, not more
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Germany: Merkel faces domestic political hurdles on fiscal pact
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Hoover on austerity to balance the budget and defend the dollar in 1932
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Class Warfare
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On Spain’s Budget With Details Tomorrow
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The Japan debt disaster and China’s (non)rebalancing
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Italy has taken significant steps away from the abyss
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There is No Closure in Greece Whatsoever
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Milton Friedman, Functional Finance and the Government Budget Constraint
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Spanish government doubts it can achieve deficit target
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