News
WSJ | IMF Warns of Risk Unless Japan Reins In Its Debt
The International Monetary Fund on Monday made a fresh call on Japan's government to bring its flow of red ink under control, saying the central bank's monetary easing could backfire if investors believe it is "monetizing" the growing mountain of government debt, a step that often leads to financial turmoil.
Econ Comments & Analysis
Politico | Half of $1 trillion in federal student loan debt not repaid
About half of the outstanding $1 trillion in federal student loan debt in the U.S. isn’t being repaid. And 1 out of 8 borrowers are defaulting on their loans despite unprecedented federal attempts to help.
Blogs
Heritage Foundation | Two Years After Downgrade, U.S. Credit Rating Hasn’t Recovered—and Debt Is Worse
Two years ago today, Standard & Poor’s downgraded the U.S. credit rating—and it hasn’t recovered since.
