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Friday, August 17, 2012

Budget

Econ Comments & Analysis                                                                                            
Real Clear Markets | Laundering Away a Chance For a Stable Economy
For a brief moment on Tuesday the global financial world seemed to be a far better place. Greece has been under extreme pressure this month to meet maturing obligations of its own rolling debt and to repay a hefty €3.2 billion Euro bond due on August 20.

Blogs                                                                                                                             
Political Calculations | Accounting for the National Debt
On 15 August 2008, the total U.S. public debt outstanding was just over $9.6 trillion (or if you're a stickler for accuracy, $9,606,975,957,798.46). Four years later, on 15 August 2012, the total public debt outstanding for the United States had risen to just over $15.9 trillion (or rather, $15,919,488,010,442.70).