Posts Tagged ‘sovereign debt’

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    Fiscal Insight

    Jun 16, 10 • 163 Views • Government, International Trade and FinanceNo 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.

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    The Ant or the Grasshopper?

    May 27, 10 • 214 Views • Government, International Trade and Finance, Thinking EconomicallyNo 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

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    Grading a Country

    May 10, 10 • 151 Views • Businesses, GovernmentNo Comments

    We could say that the graders of sovereign debt use a “rubric” to decide whether a country has a high or a low score. In the classroom, students are given rubrics which specifically describe how a test is graded. A rubric is a list of facts and

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    A Contagious Disease

    May 6, 10 • 174 Views • Economic Thinkers, Financial Markets, GovernmentNo Comments

    Seeing the Bloomberg Businessweek headline, “Greek Contagion Spurs Surge in Portugal, Spanish Debt Swaps,” I started thinking about diagnosing fiscal illness, treating it, and contagion. How can we diagnose the illness? The illness

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    Big and Little Worries

    Feb 27, 10 • 191 Views • Thinking EconomicallyNo Comments

    1.  Sovereign debt: Contemplating big worries, I could place sovereign debt at the top of the the list. Should we currently be concerned about Greece, Spain and other EU nations with excessive obligations?  Beyond, should we be focusing on the U.K.