Government Debt

Allianz Gained $5.8 Billion From Italian Government Bonds
www.bloomberg.com

Allianz SE (ALV), Europe's biggest insurer, booked a 4.5 billion-euro ($5.8 billion) unrealized gain on Italian government bonds after adding to its holdings at the height of Europe's debt crisis, company filings showed. After purchasing 3.8 billion …

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The Debt Paradox That Everyone Should Be Aware Of
seekingalpha.com

This is the fifth of a series of articles that I've called "7 Deadly Sins of the Government Debt Debate." You don't need to read the other four to follow this one, but if you were to go here, here, here or here, you'd find that we're playing word games …

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National debt will be a wake up call
www.vindy.com

House Budget Committee Chairman Paul Ryan, R-Wis., is looking beyond today and the beginning of the sequestration. In an interview I conducted with him on Capitol Hill Tuesday, Ryan told me he believes a majority of Americans will come to understand …

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Maxine Waters Warns 170 MILLION Jobs Could Be Lost Due to Sequestration Cuts — But There’s a Huge Problem With Her Estimate
www.theblaze.com

If Congress allows sequestration cuts to take effect, more than 170 million Americans could lose their jobs, according to Rep. Maxine Waters (D-Calif.). “If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these…

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FURTH: Debt is a real drag in any season
www.washingtontimes.com

The IMF study confirms a basic economic theory that many progressives like to ignore: When private savings are invested in government bonds, they cannot also be invested in the private sector. The key question, of course, is: How high can government …

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