Thursday, January 27, 2022

All posts tagged "Government debt"


    WASHINGTON – THE ISSUE: The federal government is borrowing about 1 out of 7 dollars it spends and steadily piling up debt – to the tune of about $14 trillion held by investors. Over the long term,...

    • Posted September 1, 2016
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  • The Second Time as Farce

    The caveat that history repeats itself “the first time as tragedy, the second time as farce” in economist Karl Marx’s essay, “The 18th Brumaire of Louis Bonaparte,” well applies to Puerto Rico’s debt crisis. A look back in history at Puerto...

    • Posted July 14, 2016