Debt

Results for Debt

Is Washington Bankrupting America?

According to a recent poll, 74 percent of likely voters are extremely or very concerned about the current level of government spending. And 58 percent think the level of spending is unsustainable. Is the public right? Is Washington bankrupting ...

Forum topic - investorzzo - Jun 4 2010 - 1:53am - 3 comments

The ketchup theory of inflation

The ketchup theory of inflation May 28th 2010, 9:15 by Buttonwood SHAKE the ketchup from the bottle/first, a little, then a lottle. We've all struggled to deal with Heinz's best known variety. And the pseudoplastic nature of the sauce ...

Forum topic - investorzzo - May 31 2010 - 6:47pm - 0 comments

Niall Ferguson lecture

Always worth listening to this chap IMO. He paints a very good picture of why the public debt in the anglo-saxon World is every bit as bad as for the PIGS and that the only difference is trust in fiscal policy going forward. Also how frighteningly ...

Forum topic - piquod12 - May 20 2010 - 12:29pm - 1 comment

The Western world keeps spending its way to disaster

The Swiss-based Bank of International Settlements (BIS), the oldest international financial institution in the world, has functioned as the central bank of central bankers for 80 years. In a working paper written by three senior staff economists (“The ...

Forum topic - investorzzo - May 13 2010 - 12:39am - 2 comments

Current problems in European Union countries

I think this is the right place to put this post, as the main problem that some European countries (right now primarilly Greece) goes through is a problem of trust. The lack of trust comes from the lenders doubt that the country will be able to repay ...

Forum topic - silvervarg - May 9 2010 - 2:51pm - 1 comment

Is there time to pay off debt, and if not, then what?

Hello again, everybody.  I've been off traipsing through other forums and life in general.  Nice to come back to the comparatively welcoming, rational tone here. I was thinking there may not be enough time to finish paying off my mortgage ...

Forum topic - Swampmama3 - May 8 2010 - 1:26am - 28 comments

Painful look at the future of public debt

Debt Projections "From this exercise, we are able to come to a number of conclusions. First, in our baseline scenario, conventionally computed deficits will rise precipitously. Unless the stance of fiscal policy changes, or age-related spending is ...

Forum topic - investorzzo - May 2 2010 - 11:11pm - 7 comments

BIS: The [Dim] Future of Public Debt

In a well-timed paper, authors from the BIS (Bank for International Srettlements) explain why nearly all of the developed economies are headed for a Greek-style crisis. Excerpt: In our baseline case, we assume that government total revenue and ...

Forum topic - machinehead - May 2 2010 - 11:11am - 8 comments

What Can We Learn From Europe (PIIGS)?

Posit the events of the past several months in Greece and now spreading further across Europe provide valuable clues to many things that will happen over the next several months to few years. Questions (and offer many/most/all of the answers ...

Forum topic - Nichoman - Apr 30 2010 - 7:50am - 4 comments

Why hasn't the market questioned the rise in financial stocks?

Has mark-to-market accounting been replaced or overhauled? We all remember the cry for suspension in 2008 and 2009, but if it received an official “fare-thee-well,” I certainly missed it. In a mark-to-market accounting world, the 4 bank beasts (i.e., ...

Forum topic - investorzzo - Apr 15 2010 - 7:49pm - 3 comments

March madness?

In more ways than one? Sure could be. Time to quickly discuss the theoretical end to Fed money printing to buy back mortgage backed securities. As you know, there’s plenty of thought on the Street that mortgage rates will pop immediately when this ...

Forum topic - investorzzo - Apr 15 2010 - 7:28pm - 0 comments

why are Silver sales soaring?

The U.S. Mint just reported another record, but this time it wasn't for gold. The Mint sold more Silver Eagles in March and in the first quarter of the year than ever before. A total of 9,023,500 American Silver Eagles were purchased in Q110—the ...

Forum topic - investorzzo - Apr 13 2010 - 6:16pm - 13 comments

interesting take on the collateral of our national debt

http://www.youtube.com/watch?v=Cd-SLRyuRq0[/quote Re: interesting take on the collateral of our national debt Strabes, Thank you for posting this...Stefan Molyneux is soooo precise. I'll be passing this video and your work ...

Forum topic - strabes - Jun 15 2012 - 2:31am - 32 comments

Chinese Central Banker Characterizes America as "weak"

Chinese Banker Faults Greece Efforts Zhu Min says crisis needs decisive action to show it can be solved; tells conference China should import more goods By  ALEX FRANGOS  and  KATIE MARTIN A senior Chinese central bank ...

Forum topic - Rector - Mar 28 2010 - 8:20am - 2 comments

Swap spreads collapse, what does It mean?

I never thought I would see what this chart is showing. 10-year swap spreads have suddenly, for the first time ever, dropped below zero. They are now -7.25 basis points. Since swap spreads are traditionally a proxy for AA bank credit risk, this means ...

Forum topic - investorzzo - Mar 24 2010 - 9:47pm - 1 comment

The specter of financial armageddon — health care and federal debt in the United States

The deficit is the gap between expenditures and revenues in any given year ($1.4 trillion in the United States in 2009), whereas debt is defined as accumulated past deficits, or the stock of what we owe ($7.5 trillion at the end of 2009). 1 ...

Forum topic - investorzzo - Mar 22 2010 - 8:43pm - 7 comments

the U.S. Treasury's bond problem

There is simply no evidence that any pool of buyers exists outside of the Federal Reserve to soak up $1.6 trillion in newly issued Treasury debt this year. Yes, the Fed can "create" money and use it to buy Treasury debt via various third ...

Forum topic - investorzzo - Mar 20 2010 - 12:53am - 0 comments

The Definitive Commnity, Complementary and Alternative Currency thread

Hi everyone, I thought it was time for a definitive community currency thread to include all and any types of systems around which benefit communities of any scale. To include the theory and the practice. I will start off offering this list of ...

Forum topic - Crash - Mar 19 2010 - 6:00pm - 5 comments

Debt does not assume tomorrow will be better.

I agree with everything in this chapter, however there is one assertion which may not be correct. Perhaps Chris can elaborate -? I totally agree that debt is a loan from the future. However, the assertion that debt assumes the future will be better ...

Forum topic - Dr.Steve - Mar 3 2010 - 11:55pm - 4 comments

Why is the Interest on debt a concern when Fed gives it back to govt. ??

I am confused about this concept, if the FED gives back the interest to the govt. at the end of the year then why would the govt. give it to the FED in the first place, why bother throwing the money back and forth............. I am sure I am missing ...

Forum topic - cipher - Feb 27 2010 - 4:04pm - 13 comments