China's spending on interest payments accounts for 19% of the central government’s general public budget and skyrocketed...
Debt
"So then we're left with changes in revenues and changes in spending, and those are inherently political...
The cost of insurance against a French default is now the highest among the major EU countries...
"If interest begets debt, and debt begets interest, eventually debt will spin out of control. A fiscal...
The 10-year topped 5% for the first time since 2023 as the war in its seventh month...
The anomalous recent behavior of the 10-year yield is actually as sign that "demand for Treasury debt...
“Why did we make a single currency and an ECB together? We can do it and I...
"When does debt become unsustainable? When the global financial markets say it is. That appears to be...
"Markets are primed for Dollar debasement to resume and — as Japan shows — it can be...
“We’re not really at a level where people seem to be going crazy, saying ‘I want to...