Tag Archives: Flow of Funds

U.S. Macro in Three Charts: Credit Flows

The U.S. is suffering from insufficient aggregate demand the result of the bursting of the 2004-07 credit bubble.   The consumer led economy financed by borrowing, much of it backed by home equity,  has given way to massive private sector deleveraging … Continue reading

Posted in Economics, Fiscal Policy, Monetary Policy, Sovereign Debt, State and Local Government | Tagged , , , | 3 Comments

Chart of the Day: Ownership of U.S. Treasury Debt

This is hot from the latest Federal Reserve Flow of Funds data.   Foreigners own 47.1 percent of the $9.4 TN of marketable Treasuries outstanding at the end of Q1 2o11 with the Fed a distant second at 14.2 percent.   We’ll … Continue reading

Posted in Fiscal Policy, Sovereign Debt, State and Local Government | Tagged , , , | Leave a comment