How to Induce Explosive Debt Dynamics

by Menzie Chinn, Econbrowser.com The debt ceiling and implications of: “We Republicans need to be willing to tolerate a temporary, partial government shutdown.” and more recently “I think it is possible that we would shut down the government to make sure President Obama understands that we’re serious.” It is one of the oddities of current …

A Tale of Two Countries

Austerity, Deficits, and Debt:  A Tale of Two Countries by Elliott R. Morss, Morss Global Finance Introduction Greece is involved in a series of austerity programs. And the US is considering austerity measures to keep it from “falling off the fiscal cliff”. The concern is even greater because nobody really knows what there is to …

How Safe Are Money Market Mutual Funds?

Written by Steven Hansen I really have two focus discussions this week and will start with the headline topic.  Most of us have a few coins parked in our brokerage account – and usually this money is swept into a Money Market Mutual Fund (MMMF).  A little reported study was issued this past week by …