#Indebted

The US financial system is on ventilator support administered by the federal reserve - second time in the last 12 years.Our financial system is immunocompromised and the disease has progressively
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The stock market is not the economy. In fact, rising stock market can be bad news for most!Annual rise in stock value1989-2017: 7.5%1966-1988: 1.6% Annual rise in corporate output1989-2017: 2.6%1966-1988:
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The finale episode of season 3 of Good Girls is May 3rd. The good news is that the last episodes isn’t described as the “series finale.” I’m still kind of
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just thinking about how cromwell invaded here , planned to sell our island to the jews, went broke, wasted the english treasury, ended up even more indebted to the jews
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Here's another interesting piece of data regarding debt: Dutch households are the second most indebted in the European Union https://data.oecd.org/hha/household-debt.htm And if you think that private debt is different than
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In the middle of a depression in 1920, NY Fed and a few other Reserve Banks raised interest rates. To us it looks like a policy error, because macroeconomic theory
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Its here! But first a summary of the main argument of the last two articles in my series on justice.1) If you think talk of oppressive social systems or white
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This pandemic will hopefully mark the end of the perversion of higher education. Since the 1980s, kids and parents have been forced to play a series of stupid finite games
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Policy talks about bubbles and regulation have reemerged. Check out my paper w/@NinaBiljanovska& @LGornicka on the optimal macroprudential regulation to tackle asset price bubble https://drive.google.com/file/d/16s1wEeetuzHzNqrQx_AA0eqn
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Just finished Dostoevsky’s “The Insulted and the Injured.” It’s generally regarded as his weakest novel. But having read as much Dostoevsky as I have, it seems to be layered with
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Each day during the holiday we will try to send out some puzzles or mathematical things to do. Some you'll rush through, I'm sure, others might take longer!#holidaymaths #StayHomeSaveLives We
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Speaking of Sumanth, what strikes me is our frightening hypocrisy of providing *so much* space to facile, uneducated, thoughtless and unremarkable ‘analysts’ like him, while denying it to amazing minds
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FOSSA BABIES ARE YOU KIDDING ME?!?! YOU HAVE MY ATTENTION *AN ADULT HAS ENTERED THE CHAT* Forever indebted to @ZoologyRick for introducing me to the fossa in general, and Isa
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Meanwhile, in the EU...Brussels is set to borrow €0.75 trillion on international markets to finance a recovery from the pandemic, the EU Commission president has said, reports The Telegraph. An
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The world economy entered the COVID-19 crisis with very low interest rates and very high debt levels, which will complicate policy efforts to boost the economy. We released two @nberpubs
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Thread: headlines about #OilPrices crashing to 0 are simplistic. Prices *will* go back up, but then bump along at $20/$30 a barrel. That’s the big story: the heavily indebted shale
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