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Tag: Government Debt

Answering Questions for the Press

 Questions submitted by the Spanish Press Q: You predicted an economic peak by October 1, and you suggest there may be a U.S. government shutdown on that day....

The Euro and Why the Dollar Will Not Be Dethroned

In the Eurozone, Mario Draghi has announced that his quantitative easing has failed to produce inflation as everyone assumed. After nine months of buying various...

Will Puerto Rico Be the Next Greece?

On Monday, Puerto Rico is set to release a key report on its financial stability. Governor Alejandro Garcia Padilla told The New York Times that the island would...

Distinguishing the Three Flavors of the Debt Crisis

Not all debt has the same economic effect, for like ice cream, there are at least three basic flavors: If someone borrows to create a business, this is the most...