A very nice (and funny) video on the evolution of the federal debt (different from national debt, which includes debts from the states and private debt). According to the video, Obama administration will be increasing the federal debt at "174 mph", almost tripling the speed of Bush Administration. No wonder Bill Gross is worrying about the US government may lose AAA rating.
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Thoughts and discussions in economics, finance and history, with focus on China's interactions with the global economy.
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2009
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May
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- Richard Fisher grilled by China over debt monetiza...
- What struck me most about China
- Can "green shoots" save "zombie banks"?
- Why China is so worried about the Dollar?
- Fiat + Chrysler = It's a joke!
- First lady and J Crew
- Debt and inflation
- US and global higher education boom
- Marc Faber links inflation to pregnancy
- The sharp rising yield curve
- Regulation consensus
- John Taylor: Wake-up call for America
- Slumdog entrepreneurs
- Kiplinger: 2009 Best Cities in America
- Bonds beat stocks: Does equity premium still exist?
- China: A rising scientific superpower?
- China's top-down electric car push
- A conversation with Paul Volcker
- Unemployment: the US caught up with Europe
- Peter Schiff wants you to get out of US dollar
- Creditless recovery?
- What summer jobs for teens?
- A Federal Debt Road Trip:1900-2016
- Debate on US inflation prospect
- Bill Gross: The US could lose AAA rating
- China's FDI inflow
- The art of Chinese 'data' massaging
- Volatility and the Dollar
- David Rosenberg bearish on American consumers
- Swedish view on the rise of China
- What if China is just stockpiling?
- Is inflation the solution?
- Graduating is not fun in 2009, Part 2
- Hardest hit in America
- Chinese economy: the other side of the coin
- Heroin and the sin of debt
- No more credit card perks
- Why has Asia been hit so hard in financial crisis?
- You knew it, but you still did it
- Coming tax increase, for sure
- Racing to become the next Dr. Doom
- Dollar bull vs. dollar bear
- Gary Stern says recession near its end
- Reform executive pay
- India: When slums are better
- The battle over credit card reform
- The next reserve currency
- Prudent Bear: S&P 500 to go down to 400
- Copper, China, S&P and economic recovery
- Something about CFA exam of 2009
- Dollar and gold
- Abby Cohen on market outlook
- Graduating is not fun in 2009
- Geithner Sucks and Pass/Pass*
- Conundrum in bond yields
- China's export-driven growth exaggerated
- Eating time and obesity
- Employment Snapback?
- Gender discrimination in workplace
- B- for stress test
- China's College Bubble
- Is China leading the world out of mess?
- Credit less crunched
- Meltzer: Inflation Nation
- Living Capitalism
- George Soros: The great speculator
- Who said housing bubble was not warned?
- Gordon predicts recession ends in May or June
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May
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