"Adding a Trillion Dollars in Debt is Quite Manageable"

This is from an interview of Kenneth Rogoff: ...The Long-Term Consequences of Debt Region: Well, let's talk about the U.S. debt and its long-term consequences, in the context of the current economic crisis. The Stabilization Act authorizes $700 billion, some of which will contribute to the growth of national debt [more...]

Date: 2009-01-06 06:21:49

Blog posts (5) | Videos (6)
 

Kids Take Lessons From National Debt Binge

‘Don’t do as I do, do as I say,’ could be the governmental finger wag lecturing kids on fiscal fitness. How can we expect kids to learn about credit/debit and healthy financial management skills with restrained realism when we’re handing over the national credit card with a ‘put it on the tab’ mall [more...]

Date: 2008-09-26 02:46:43

European Governments Attempt Rescue Of Fortis, Hypo Real Estate and B

Our politicians have made this economic crisis seem like a national problem, ... markets tried to create a new tool to manage investments in debt that was bad. And that tool ... in consultation with the Belgian government. “The actions taken by the Belgian, Luxembourg [more...]

Date: 2008-09-29 14:08:15

The Bailout Will Lose Money, and I'm Ready to Bet On It

I'm locked and loaded to bet on the bailout. My muse is none another than H.R. 1424, section 134: SEC. 134. RECOUPMENT ... , the Director of the Office of Management and Budget, in consultation with the Director ... in order to ensure that the Troubled Asset Relief Program does not add to the deficit or national debt [more...]

Date: 2008-10-07 17:51:32

Xerox Turnaround Provides Lessons for Obama’s CTO During Economic Downturn

The New York Times had reported that president-elect Barack Obama would announce a national CTO today, but no one has been named as of yet ... $17 billion in debt. And they continue to reap the benefits: Today, more than two-thirds of the company’s printers and document management offerings come from R&D projects launched amidst much [more...]

Date: 2009-01-08 01:38:46

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