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).
