Tag Archive: government debt
Weekly Market Pulse: Are Higher Interest Rates Good For The Economy?
Interest rates surged last week on the back of a hotter-than-expected inflation report that wasn’t actually that bad (see below). Not that my – or your – opinion about these things matters all that much to the market.
Read More »
Read More »
“Die Schattenseiten von Schuldenbremsen (The Dark Side of Debt Limits),” ifoSD, 2021
Was Schuldengrenzen aus politökonomischer Sicht besonders attraktiv erscheinen lässt – ihre vermeintliche Einfachheit und Klarheit – birgt also auch Risiken. Es führt dazu, dass Politiker und ihre Wähler die Solidität der Staatsfinanzen über Gebühr an expliziten Bruttoschulden messen.
Read More »
Read More »
Central Banks Will Still Do “Whatever It Takes”!
Governments are taking a page out of the play book that monetary policy began a decade ago – which will lead to even higher debt levels.
Read More »
Read More »
Everyone Knows The Gov’t Wants A ‘Controlled’ Weimar
There are two parts behind the inflation mongering. The first, noted yesterday, is the Fed’s balance sheet, particularly its supposedly monetary remainder called bank reserves. The central bank is busy doing something, a whole bunch of something, therefore how can it possibly turn out to be anything other than inflationary?The answer: the Federal Reserve is not a central bank, not really.
Read More »
Read More »
US Debt: To Hell In A Bucket
No-one Cares. “No one really cares about the U.S. federal debt,” remarked a colleague and Economic Prism reader earlier in the week. “You keep writing about it as if anyone gives a lick.” We could tell he was just warming up. So, we settled back into our chair and made ourselves comfortable.
Read More »
Read More »
The Power Elite: Bumbling Incompetents
Is there any smarter group of homo sapiens on the planet? Or in all of history? We’re talking about Fed economists, of course.
Not only did they avoid another Great Depression by bold absurdity…giving the economy more of the one thing of which it clearly had too much – debt. They also carefully monitored the economy’s progress so as to avoid any backsliding into normalcy.
Read More »
Read More »
Kuroda-San in the Mouth of Madness
Deluded Central Planners Zerohedge recently reported on an interview given by Lithuanian ECB council member Vitas Vasiliauskas, which demonstrates how utterly deluded the central planners in the so-called “capitalist” economies of the West have bec...
Read More »
Read More »
Retirement Torpedoes and Democracy
Bonner compares Total credit market debt, federal government debt and GDP – an economy running on debt, and now running on empty.
Read More »
Read More »
Heretical Thoughts and Doing the Unthinkable
Heresy! NORMANDY, France – The Dow rose 222 points on Tuesday – or just over 1%. But we agree with hedge-fund manager Stanley Druckenmiller: This is not a good time to be a U.S. stock market bull. Legendary former hedge fund manager Stanley Druck...
Read More »
Read More »
Will the China Bubble Bust? Pros and Cons
Economic experts and even rating agencies remain in dis-accord about the height of Chinese total debt and if this will continue to slow the Chinese economy.
Read More »
Read More »
Italy: A Sustained US Recovery Will Make a Eurozone Split Up Possible
We reckon that a sustained US recovery will make it possible that the eurozone splits up. Today's Italian elections are maybe the start of an upcoming Italian euro exit.
Read More »
Read More »
Which Primary Surpluses are needed for EU Members?
Primary surplus is the difference between government revenues and expenditures excl interest. Debt is reduced if rel. primary surplus is higher than debt multiplied by interest minus GDP growth.
Read More »
Read More »
History: The Lost 1980s Decade in Latin America
Peripheral Europe is going to follow step and step the Mexican and the resulting Latin American debt crisis of the 1980s.
Read More »
Read More »
China and the US at sovereign debt war
2023-01-27
by Stephen Flood
2023-01-27
Read More »