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Debt to Gdp

Taking Stock: Public Finances Now Stronger in Many Countries

Carlo Cottarelli | Posted 12.10.2012 | Business
Carlo Cottarelli

The slow global recovery is making fiscal adjustment more difficult around the world, but this doesn't mean that little has been accomplished. In fact, significant progress in many countries has been made during the past two years in strengthening their fiscal accounts after the 2008-09 deterioration.

The Myth That Japan Is Broke: The World's Largest "Debtor" Is Now the World's Largest Creditor

Ellen Brown | Posted 11.05.2012 | World
Ellen Brown

All of this has implications for Americans concerned with an out-of-control national debt. Properly managed and directed, it seems, the debt need be nothing to fear. Like Japan, and unlike Greece and other eurozone countries, the U.S. is the sovereign issuer of its own currency.

Ferguson: Krugman May Be Right, 'Very Large Debts Are Sustainable'

Business Insider | Henry Blodget | Posted 01.31.2012 | Business

Unless countries get control of their ballooning debts, Ferguson has argued, we will be headed for crisis after crisis. And Ferguson remains convinced...

Why the EU Won't Fix Anything This Weekend

Warren Mosler | Posted 02.08.2012 | Business
Warren Mosler

While the Germans aren't entirely wrong in their belief that lower deficits would restore funding capacity, I don't think they recognize that as currency users debt to GDP ratios may need to be under 30 percent to get to that point.

Simon Johnson: Balanced Budget Amendment 'Makes No Sense'

The New York Times | Simon Johnson | Posted 10.02.2011 | Business

Some House and Senate Republicans have pushed hard to include a “balanced budget” constitutional amendment as part of any agreement on a debt ceil...

Buffett: GOP Threatening To 'Blow Your Brains Out' Over Debt Ceiling

The Huffington Post | James Sunshine | Posted 09.06.2011 | Business

Republicans are playing a dangerous game by refusing to raise the debt ceiling, according to Berkshire Hathaway CEO Warren Buffett. "We raised the ...