debt

Excerpts from Comstock's latest weekly: Debt is discussed by the pundits on financial TV also, but in almost every case the discussion revolves around government deficits relative to GDP or government debt relative to GDP.  They…

Kenneth Rogoff, a professor at Harvard University and former chief economist at the International Monetary Fund, talks with Bloomberg's Susan Li i Hong Kong about the global economy and China's real estate market and economy. Rogoff also…

Peter Cecchini, chief strategist at BGC Financial, talks to Pimm Fox about the U.S. economy and consumer credit on Bloomberg Television's "Taking Stock." He says that the 122% percent household debt to GDP ratio is well above the…

On Monday when I wrote Why Stimulus Is No Panacea, I mentioned that I had written two posts in the past entitled "It's the debt, stupid" (read them here and here). Just as the Clintonites of 1992 pointed to the economy as the…

From ADP (pdf): Nonfarm private employment increased 13,000 from May to June 2010 on a seasonally adjusted basis, according to the ADP National Employment Report®. The estimated change in employment from April to May 2010 was revised up…

A post by Annaly Capital Management Some recent economic data (like today’s downwardly-revised “final” reading on 1Q 2010 GDP) have suggested that the economic recovery is waning. Not surprisingly, talk of additional stimulus has started…

The European debt crisis has thus far unfolded as a sovereign debt crisis.  And the sovereign here is the national government.  This is particularly true in Greece. However in the coming months, it may become clearer that local…

I am going through the BIS Quarterly Review that just came out and it is packed with useful information about the global economy.  With regard to the sovereign debt crisis, I found the following chart a good one for getting a feel for…

Just as a point of fact, it bears noting that government debt is a government liability in much the same way that bank notes are. what is the functional difference for the federal government between Treasury securities and bank notes?…

As it seems that we are finally about to get something which resembles a stable summer here in Denmark it may seem strange to suddenly start talking about snowballs. Yet, the idea of debt snowball is very relevant in the current environment…