Posts Tagged ‘debt’

  • 15721_6.24_000000451615XSmall

    State Deficits and Jaws Charts

    Jun 24, 10 • 256 Views • No Comments

    As a prospective buyer, Daily Show reporter Jason Jones went to check out the Arizona State Capitol Building when he heard it was for sale for $735 million. Once sold, the capitol would then be leased back to the state for $60 million a year. Why sell it?...  [read more]

  • 15486_greekCoinSM

    California and Greece

    Feb 23, 10 • 234 Views • No Comments

    An SAT question:California: US = Greece: EU. California and Greece are similar because…1. California and Greece have debt problems.2. Both have government employees with salaries and massive pension liabilities that they have to cover.3. Both would...  [read more]

  • PIIGS at the Trough

    Feb 9, 10 • 226 Views • No Comments

    Debt can be complicated. 1.National borrowing is good. It leads to growth and recovery. In 1792, Alexander Hamilton said that a national debt could be a blessing. In 1936, John Maynard Keynes said that debt was good. Each realized that using someone else...  [read more]