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#Debt
Michael Pettis
michaelxpettis
1/5Very interesting Caixin article. Beijing has stopped work on two HSR projects in Shandong and Shaanxi because of provincial debt concerns. In both cases they cancelled the projects after discovering
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Luis Pedro Coelho wants us to #GetToZero
luispedrocoelho
Another unanswerable question is whether Western countries would not have fared significantly better if they had gone into covid with balanced budgets and little-to-no public debt If you have a
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Austerity is Murder🌹
sdgrumbine
1. We are not on the gold standard and thus the constraints imposed are no longer in play.2. We have a sovereign, non-pegged, non-convertible fiat currency not backed by oil,
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Alexis Goldstein
alexisgoldstein
Today, there was a drastic, terrible rollback to the student debt cancellation in the #HeroesAct.Previously, there was up to $20,000 in student debt cancellation for ALL.Now, it leaves out 25
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Amir Sufi
profsufi
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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Tony Yates
t0nyyates
Quick thread on covid19, debt and fiscal policy. 1. Parking the government debt indefinitely is not an option. The old random walk result presumes that govts don't have fisal limits
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Victor Velaphi Otty Mkhize
VVOMkhize
Debt can not only be passed on financially to your children, but also spiritually. Debt owed to someone/some people who treated you well and were there for you and your
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Taylor Pearson
TaylorPearsonMe
1/ Very interesting and (perhaps) prescient paper from Hyman Minsky called The Financial Instability Hypothesis, published in 1992. It has a three piece framework which helps explain what we are
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Ron Swanson’s Moustache Comb
dmoore_uknow
The scam in the employment realm is education. Make no mistakes, your level of education matters when it comes to knowing some of your job, however, companies want you to
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Larry Schweikart
LarrySchweikart
1) Fascinating thoughts by "Freeper" semantic on the economy:"I think this whole economic argument is misdirected. Why is Trump so relaxed? Because he has $8T sitting in his back pocket.
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Jazmina.
midcenturymoxie
I’m just gonna be terrible at everything on purpose and hope I finally get fired . And when they tell me in an email (like I know they will bc
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michaeljburry
michaeljburry
More lack of preparation. Since the GFC, Federal Govt added $2.50 Debt:$1.00 GDP, and S&P500 cos borrowed $4 trillion to buy back $4 trillion stock. Households, with longer memories, had
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Joe Lane
joeAlane
New research from @CitizensAdvice today on council tax collection. FOI request shows current regulations push councils to use inefficient methods of collection (bailiffs). Councils have too few powers without getting
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Opium Tales (Povești de Opiu) 🇺🇸
romanopiumtales
We are in the middle of a war for hearts and mindsThe Post Modernists and the Globalists want to erase American and European cultures As a composer and an artist,
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⚙️ Zach Orban ⚙️
SearchForWealth
People don't often think of debt and asset protection in the same context.Take for example 2 real estate investors, each with a single rental property worth $100kTHREAD: If you were
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Martyn Warren #BlackLivesMatter
VelcroCow2
[Thread]With the pubs set to reopen tomorrow and place our health workers under increasing strain, I think back to the clapping charade... When the pandemic was beginning to take hold,
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