How Central Banks Created a $250 Trillion Global Debt Bubble
byWe created this animation a couple of years ago which we have used in various settings. Feel free to forward around as a brief…
Debt
The impact of household debt and saving on long run GDP growth
byNeither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry. Hamlet I,…
Drowning in debt
byCentral Banks are moving from quantitative to qualitative easing The spread between Investment Grade and Government bond yields is narrowing Issuing corporate debt rather…
Why Government Deficits And Debt Do Matter
by[This piece first appeared here http://www.epictimes.com/richardebeling/2015/05/why-government-deficits-and-debt-do-matter/] The Congressional Budget Office (CBO) reported in early May that for the month of April 2015 the Federal government…
Debt addiction, USA: how much debt reduction has the crisis caused?
byThe purpose of this essay is to put the latest crisis in the context of longer-term debt trends in the US and to attempt…
Hard work needs honest money
byIn yesterday’s Telegraph, William Hague tells the Government’s business critics to stop complaining and work hard to deliver jobs. However, Mr Hague forgets that a…
Gordon Kerr critiques the Greek bailout on Bloomberg
byI was glad to see Cobden Partners’ Gordon Kerr on Bloomberg yesterday, explaining why the Greek bailout will fail: As I wrote elsewhere, the…
Loose monetary and fiscal policies, not high levels of debt, are the real economic threat
byIn his Outside the Box E-Letter February 13 2012, respected economic commentator John Mauldin presents an interview with Dr Lacy Hunt, a highly regarded…
How much EU debt can be written off through cross cancellation?
byConsider this diagram showing the billions of euros that each of 8 EU countries owes the other. Whilst the numbers are far from perfect,…
Financial Pain in Spain Falls Mainly on… Spain?
byFor over a decade we have heard reports of China’s increasing world dominance. Yet while Beijing has amassed a large war chest of savings…