Posts Tagged ‘sovereign debt’

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    Japan’s Sovereign Debt

    Mar 13, 11 • 213 Views • No Comments

    Hoping to sell more Japanese government bonds (JGBs), in a rather novel advertising campaign last June, the Japanese finance ministry said that, “Women have a thing for men who own JGBs.” Their message suggests that women prefer men who are...  [read more]

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    A Debt Tour

    Feb 20, 11 • 250 Views • No Comments

    Calling it “financial disaster travel journalism,” author Michael Lewis (The Blind Side and The Big Short) takes us to Iceland, Ireland, and Greece in 3 Vanity Fair articles that are wonderful. Comparing Iceland to Ireland, he tells us, “But...  [read more]

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    Maybe Money Makes A Nation

    Nov 30, 10 • 190 Views • No Comments

    In “Thinking About Capitalism,” economic historian Jerry Z. Muller tells us that 16th and 17th century wars were “decided by whichever government was the first to run out of money.” Astoundingly, the American colonies did not run out...  [read more]

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    Fiscal Insight

    Jun 16, 10 • 220 Views • No Comments

    Picture this political cartoon: In some unknown ocean, a Chinese submarine confronts a U.S. navy vessel with the Chinese submarine captain saying, “Turn around or we sell all your T-bills.” The caption says, “Chinese sub threatens U.S....  [read more]

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    The Ant or the Grasshopper?

    May 27, 10 • 288 Views • No Comments

    “What a silly little ant you are,” said the grasshopper in The Ant and the Grasshopper. “Forget about work…Enjoy the summer!” But all day, everyday, grain by grain, the ant continued to gather and store her wheat. When...  [read more]