Tag Archives: Ricardian Equivalence

Greenspan: High US Deficits Could Spark Bond Crisis

We are becoming more concerned that 2011 may be shaping up to be the year of the public debt crisis.  Greenspan seems to share those concerns.  The Hill writes, “Look, I think something equivalent to what Erskine Bowles and Alan … Continue reading

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Europe’s Ricardian Equivalence vs America’s Keynesianism

We thought this to be the most interesting chart of the recently released World Economic Outlook from the IMF.  Japan’s 2011 public sector funding requirement is a stunning 60 percent of GDP, which includes the rollover of maturing debt equivalent … Continue reading

Posted in Bonds, BRICs, China, Commodities, Credit, Currency, Monetary Policy, Politics, Sovereign Risk | Tagged , , , , , , | 7 Comments