Tag Archives: debt

The Equation of Life s/rent/mortgage/ or s/rent/landowner’s share of tenant’s crops/ et cetera, et cetera, mutatis mutandi, et ceteraaaa, et ceteraaa

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The last decade’s debt record for several rich countries. 3-month Bond Yields owed by some of them:      (SOURCE: Bloomberg) Japan .10% UK .41% Germany .28% US .04% And here’s one of the yield curves (US’):   (Remember, higher … Continue reading

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In the 1930s, almost 10 percent of [American] Christmas spending was financed with money squirreled away into Christmas clubs—bank accounts … helping consumers save for the holiday. Participants promised to contribute weekly, frequently as little as $0.25 at a time. … Continue reading

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Public Debt the World Over

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