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Government Debt

The Euro Area's Debt Hangover

Stephen G. Cecchetti | Posted 05.18.2016 | Business
Stephen G. Cecchetti

The ongoing difficulties in Greece - combined with the ECB's dramatic actions to ward off deflation - are distracting attention from what may be the euro area's biggest and most pervasive problem: debt.

How Wall Street's Toxic Tobacco Deals Saddled States With Billions In Debt

ProPublica | Cezary Podkul | Posted 08.08.2014 | Business

This story was co-published with Marketplace.In November 1998, attorneys general from across the country sealed a historic deal with the tobacco indus...

Austerity Is Poisoning The Economy, In 2 Charts

The Huffington Post | Mark Gongloff | Posted 07.17.2014 | Business

Austerity is like a bad tattoo: It's going to be with us, causing misery, for years to come. The broad spending cuts that were the fruits of the Re...

The Trillion-dollar Question: Who Owns Emerging Market Government Debt?

Serkan Arslanalp | Posted 05.05.2014 | Business
Serkan Arslanalp

There are a trillion reasons to care about who owns emerging market debt. That's how much money global investors have poured into in these government...

Escape From Government Engineered Financial Repression

Brendan Ross | Posted 11.07.2013 | Business
Brendan Ross

If you're like a majority of average American investors, you earn 1 percent or less in your savings account, mutual funds or bonds, and lose 2-3 percent to inflation. Ever wonder where that 2 percent difference goes?


Asher Edelman | Posted 01.23.2014 | Politics
Asher Edelman

Sin and Redemption, often the cry of the religious right politicians, a possibility for the Federal Reserve Bank to restore its reputation. Through Q...

Great Nations Pay Their Bills

Anthony W. Orlando | Posted 01.23.2014 | Politics
Anthony W. Orlando

Today's debate may be polarized, but no one seriously expects half the nation to secede because of it. And yet, in the early days of the American experiment, that's how controversial the national debt was.

Mark Gongloff

Austerity Alive And Well: U.S. Government To Pay Down Debt For First Time In 6 Years | Mark Gongloff | Posted 04.29.2013 | Business

Though you may have heard otherwise, austerity is in full force in the U.S., helping the government pay down debt for the first time in six years. ...

Mark Gongloff

The Bond Market's Verdict: Austerity, Reinhart & Rogoff Are Losers | Mark Gongloff | Posted 04.30.2013 | Business

Forget about Reinhart and Rogoff, and whether they're right or wrong about the horrors of too much government debt. The bond market has spoken: There'...

Zach Carter

Goldman Sachs: Deficit Will Plunge Without Austerity | Zach Carter | Posted 04.22.2013 | Politics

Goldman Sachs economists predicted on Friday that the federal budget deficit will shrink over the next few years by more than previously projected. ...

Debt and More Debt

Jerry Jasinowski | Posted 04.28.2013 | Politics
Jerry Jasinowski

The pension crisis is yet another downside of the Fed's quantitative easing that creates a Catch 22 for pension stewards. It makes it difficult if not impossible for pension fund managers to get a decent return by investing in low-risk federal securities.

Bankers Guilty Of Scamming U.S. Cities

Reuters | Posted 10.31.2012 | Business

* Part of U.S. probe of $3.7 trillion muni bond market * Fraud by ex-UBS employees spanned five years -prosecution * Def...

Debt-Ceiling Battle Cost Huge Amount: Study

Mark Gongloff | Posted 09.22.2012 | Business
Mark Gongloff

The 2011 argument about the debt ceiling cost the U.S. government about $1.3 billion in extra borrowing costs, according to a new study. And that's just the costs that they bothered to count.

Mark Gongloff

Bond Buyers Throwing Cash At Uncle Sam | Mark Gongloff | Posted 05.30.2012 | Business

The next time you hear somebody freaking out about U.S. government debt, you can remind them that there has never been a better time for the governmen...

Study: High Government Debt Leads To 'Panic And Contradictory Policies'

The Huffington Post | Bonnie Kavoussi | Posted 04.23.2012 | Business

It might not be government debt itself that's a danger to the U.S. economy. That's because government debt does not necessarily lead to lower econ...

Banks Choose Lending To Uncle Sam Instead Of You

The Huffington Post | Mark Gongloff | Posted 03.12.2012 | Business

If banks are doing so great, then why are they lending money to Uncle Sam instead of to you? U.S. banks bought more Treasury debt and bonds issued ...

Bonnie Kavoussi

Bernanke: 'The Elephant In The Room Is Really Health Care Costs' | Bonnie Kavoussi | Posted 02.02.2012 | Business

Federal Reserve Chairman Ben Bernanke warned Thursday that rising health care costs must be curbed if the U.S. government is to reduce the federal deb...

It's the Years, Not the Mileage: IMF Analysis of Pension Reforms in Advanced Economies

Benedict Clements | Posted 04.02.2012 | Business
Benedict Clements

Advanced countries face difficult choices as they undertake fiscal adjustment. While pension reforms will certainly need to be part of the picture, we must keep in mind the vital role pensions play in reducing old-age poverty.

Johnston: Sovereign Governments Can't Go Broke In Their Own Currency

Reuters | Posted 03.28.2012 | Business

(The author is a Reuters columnist. The opinions expressed are his own.) By David Cay Johnston Jan 27 (Reuters) - The W...

Opportunities for Youth Will Rejuvenate Society and Boost the Economy

Dag Detter | Posted 12.04.2011 | Business
Dag Detter

How do we make pathway for young to be part of and help create this brave new world? A world where merit and not age, color of your skin or connections give you the opportunity to work?

Fiscal Glass Is Half Full: Some Reasons for Optimism

Carlo Cottarelli | Posted 11.21.2011 | Business
Carlo Cottarelli

In the midst of jittery financial markets, and global economic doom and gloom, it's easy to become pessimistic. Perhaps too much so; amid what seems like a steady drum beat of bad news, one can lose sight of what has been achieved over the last couple of years.

The Forgotten Side of the Government Balance Sheet: Assets

Dag Detter | Posted 11.12.2011 | Business
Dag Detter

Looking for a tool to help revive economic growth politicians do not have to look very far. Many governments around the world have a substantial portfolio of commercial assets yielding often a very small return to its ultimate owner -- the taxpayer.

Congress: You Are the Scorekeepers for the U.S. Dollar, Not a Player!

Warren Mosler | Posted 10.01.2011 | Politics
Warren Mosler

There is no looming financial crisis for the U.S. Government, the scorekeeper for the U.S. dollar. The U.S. Government can't run out of dollars, and it is not dependent on taxing or borrowing to be able to spend.

IMF: Potential Chinese Housing Bubble Remains Cause For Concern

Posted 09.20.2011 | Business

The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country...

The Solution Is More, Not Less Europe

Antonio Borges | Posted 09.18.2011 | Business
Antonio Borges

It is hard to hold the course in the middle of a storm, but European policymakers need to if they want European integration to succeed.