Government Debt

World needs more US government debt
www.rochester.edu

In a column published today by Bloomberg View, economics professor Narayana Kocherlakota argues that, in this time of global economic uncertainty, the U.S. government should be issuing more debt in order to strengthen the domestic economy.

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In 6 Months Since Budget Deal: Debt Up More Than $1 Trillion
cnsnews.com

Prior to that, the part of the federal debt subject to the then-legal limit of $18,113,000,080,959.35 had been frozen just below that limit for more than seven months (from March 13, 2015 through Oct. 30, 2015), during a “debt issuance suspension …

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US Government Bonds Off to Rough Start in May
www.wsj.com

U.S. bond funds and ETFs targeting U.S. government debt suffered a net outflow of $619.766 million over the same period, the ninth-consecutive weekly outflow, according to Lipper. Analysts have warned that Treasury bond yields near all-time low leave …

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Sovereign risk system needs reforming
www.ft.com

But there was another big subject on the ministers' agenda: the rather more vexed — and abstruse — matter of sovereign debt risk weightings. Hardly anyone noticed. Yet finding a way to overhaul the absurd assumption that all government debt carries …

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Neil Mohindra: Why is household debt dangerous, but government debt isn't?
business.financialpost.com

Should we continue to ignore the warnings about increasing household debt and keep on borrowing and spending? Or should we start saving and paying off debt? Listening to the federal government and the Bank of Canada, the signals that consumers are …

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China debt load reaches record high as risk to economy mounts
www.ft.com

Such levels of debt are much higher as a proportion of national income than in other developing economies, although they are comparable to levels in the US and the eurozone. While the absolute size of China's debt load is a concern, more worrying is …

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Puerto Rico declares moratorium on Government Development Bank's debt
www.reuters.com

SAN JUAN/NEW YORK Puerto Rico's governor on Sunday declared a moratorium on a $422 million debt payment due Monday by the island's Government Development Bank, the most significant default yet for the U.S. territory facing a massive economic …

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