Tags: debt
Stephen Colbert Reviews Reinhart and Rogoff with Thomas Herndon
April 26th, 2013
in econ_news, syndication
Econintersect: Recent reports and critiques of the UMass graduate student's (Thomas Herndon) review of the influential 2010 paper by Reinhart and Rogoff "Growth in a Time of Debt" have received much attention on Global Economic Intersection pages. (Lin… more »
Why Has Household Debt Reduced Following the Great Recession?
April 23rd, 2013
in econ_news, syndication
by Meta Brown, Andrew Haughwout,Donghoon Lee, and Wilbert van der Klaauw - Federal Reserve Bank of New York
Since the onset of the financial crisis, households have reduced their outstanding debt by about $1.3 trillion. While part of this reduction ste… more »
Saturday Economic Comedy: People Do Not Understand Big Numbers (So they Do Not Understand Sovereign Debt)
March 23rd, 2013
in econ_news, syndication
Has far too much currency has been loaned into existence? Are we past the tipping point? Although the authors of this video really do not understand the mechanics of fiat currency - the reality is that the USA acts like its currency is backed. There i… more »
Sunday Economic Comedy: Debt Bomb
March 17th, 2013
in econ_news, syndication
Is this a comedy? - it is an cartoon. Can wealth be maintained by increasing debt? This is a think piece. [video:youtube:0-QQR4rmCyc] more »
Saturday Economic Comedy: Understanding Federal Debt
March 16th, 2013
in econ_news, syndication
Ok, this video really is a joke - so do not watch it if you really want to understand the workings of sovereign debt. But if you want to laugh, watch the video after the "read more".[live video follows the "read more"] video hat tip to Robert Mill… more »
