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Posts Tagged ‘debt service’

Debt Matters

November 1st, 2012 by Kurt L. Smith

The narrative of the financial crisis is only beginning to be written.  Slowly but surely every one of us will be able to sum up the crisis in two words: Debt Matters.  As the Federal Reserve continues its policy of buying treasury and mortgage bonds we can debate whether this will end the crisis or just end badly.  We should however already be able to agree: Debt Matters. (more…)


The $247 trillion global debt bomb…