Showing posts with the label Debt

Kotlikoff on the Big Con - Barokong

In preparing some talks on the financial crisis, 10 years later, I ran across a very nice article,The Big Con -- Reasse…

Volatility - Barokong

An essay at The Hill on what to make of market volatility: What’s causing the big drop in the stock market, and the bou…

Lend the shutdown? - Barokong

The Federal Government seems to be obeying with rather remarkable accuracy the constitutional mandate that the governme…

Why stop at 100? The case for perpetuities - Barokong

Issue 100-year Treasurys,advocates the Wall Street Journal.  It mentions a short notedeep on the Treasury website that …

Low bond yields - Barokong

Why are interest rates so low? Here is the 10 year bond yield, by itself and subtracting the previous year's inflat…

New Virus Podcast - Barokong

A grumpy economist podcast on virus economics so far.

Bailouts v Bankruptcy - Barokong

Bailouts are back. It's all 2008 all over again. Bankruptcy of a large corporation does not leave a crater behind. …

Forbearance - Barokong

Peter Wallison has a worthy OpEd in the WSJ, "Forbearance." Continuing my earlier thoughts on the financial r…