Tag Archives: Debt

Debt, division & delay

Posted on September 19, 2011 by Michaela

…because we just don’t know what to do….meanwhile the Swiss were close to ban investment banking after UBS lost about 2.3 bio Euros on unauthorised trades.

Posted in The world we live in Now | Tagged Austerity, Debt, DEfault, ECB, Economy, European Union, Politics | Leave a comment

Caught in the mangle

Posted on August 14, 2011 by Michaela

How are the economic woes of Europe and the US impacting the rest of the world?

Posted in The world we live in Now | Tagged Debt, Emerging Markets, Global Banking, Investment, Monetary System | Leave a comment

By Paul Krugman The facts of the crisis over the debt ceiling aren’t complicated. Republicans have, in effect, taken America hostage, threatening to undermine the economy and disrupt the essential business of government unless they get policy concessions they would … Continue reading →

Tagged Barack Obama, Debt, Republican, United States | 2 Comments

Smash the Ceiling

Posted on July 26, 2011 by Michaela

By James Surowiecki In the past few years, the U.S. economy has been beset by the subprime meltdown, skyrocketing oil prices, the Eurozone debt crisis, and even the Tohoku earthquake. Now it’s staring at a new problem—a failure to raise … Continue reading →

Posted in The world we live in Now | Tagged Barack Obama, Budget, Debt, United States | 1 Comment

Debt and default

Posted on July 16, 2011 by Michaela

A sea of money….

Posted in The world we live in Now | Tagged Debt, Rating agencys | Leave a comment

The ceiling and the abyss

Posted on July 10, 2011 by Michaela

From the Economist GIDEON RACHMAN had a good thumb-sucker in yesterday’s Financial Times arguing that the current political-economic crises in America and Europe are basically two sides of the same crisis. “In Washington they are arguing about a debt ceiling; … Continue reading →

Posted in The world we live in Now | Tagged Debt, Economic growth, European Union, Financial crisis, Government, United States | Leave a comment

When austerity fails

Posted on May 24, 2011 by Michaela

By Paul Krugman I often complain, with reason, about the state of economic discussion in the United States. And the irresponsibility of certain politicians — like those Republicans claiming that defaulting on U.S. debt would be no big deal — … Continue reading →

Posted in The world we live in Now | Tagged Austerity, Debt | Leave a comment

The Truman Show

Posted on April 22, 2011 by Michaela

There is anarticle in the New York Times today, that speaks of the results of a poll conducted with 1224 adults nationwide, about their views on the economy, budget deficit and health care. I love the first couple of questions: … Continue reading →

Posted in The world we live in Now | Tagged Debt, Federal Reserve System, Money supply, United States Treasury security | 5 Comments

Europe Re-divided

Posted on March 25, 2011 by Michaela

By George Soros The so-called euro crisis is generally seen exclusively as a currency crisis, but it is also a sovereign-debt crisis – and even more a banking crisis. The situation’s complexity has bred confusion, and that confusion has political … Continue reading →