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Tag: debt


Banking Explained – Money and Credit

October 6, 2019 at 3:29 pm | Articles, Blog | Ruben Talley -

The international banking system is an enigma. There are more than 30,000 different banks worldwide and they hold unbelievable amounts of assets. The top 10 banks alone account for roughly 25 Trillion U.S. Dollars. Today, banking can seem very complex, but originally, the idea was to make life simpler. 11th century Italy was the center

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“Banking Explained – Money and Credit”

Trump’s not the problem. He’s a symbol of 4 bigger issues. | Ian Bremmer

September 24, 2019 at 10:30 am | Articles, Blog | Ruben Talley -

The problem is not Trump. Trump is a symptom. If the problem were Trump it wouldn’t be happening in other places around the world. We actually see all sorts of countries advanced industrial democracies where people are getting angrier and they’re voting more and more against the establishment. We saw that with the Brexit referendum,

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“Trump’s not the problem. He’s a symbol of 4 bigger issues. | Ian Bremmer”

When Governments Cut Spending

September 23, 2019 at 12:30 pm | Articles, Blog | Ruben Talley -

What history, and both recent history and the most distant past history tells us is that bringing your spending under control through budget cuts and stringency bears big dividends in the short term and the medium term. Obvious case is Canada. Canada’s public finances in the 1990s were in a truly terrible mess. They took

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“When Governments Cut Spending”

Debts, Deficits, and Spending Cuts

September 8, 2019 at 2:29 pm | Articles, Blog | Ruben Talley -

“It’s the expenditure, stupid,” should be the line, not, “it’s the deficits, stupid.” My name is Jeff Miron. I’m director of Undergraduate Studies in the Department of Economics at Harvard University. I want to talk about deficits, debt, and the U.S. fiscal situation. First, what is the deficit? It’s the difference between how much we

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“Debts, Deficits, and Spending Cuts”

Congresswoman grills billionaire CEO over pay disparity at JP Morgan

August 31, 2019 at 8:30 am | Articles, Blog | Ruben Talley -

So where we left off was this woman had – and I apologise, you’re going to need to follow aurally – she had $2425 a month, she rents a one bedroom apartment. She and her daughter sleep together in the same room. In Irvine, California, that average one bedroom apartment is going to be $1,600.

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“Congresswoman grills billionaire CEO over pay disparity at JP Morgan”

“Fear the Boom and Bust”: Keynes vs. Hayek Rap Battle

August 23, 2019 at 3:30 pm | Articles, Blog | Ruben Talley -

>>HOTEL CLERK: Lord Keynes! Welcome, sir. It’s a pleasure.>>KEYNES: The pleasure’s all mine. >>CLERK: Your agenda–>>KEYNES: That won’t be necessary. I am the agenda. >>CLERK: [laughs]>>KEYNES: Tell them I’ve arrived– >>HAYEK: And then tell them I’ve arrived.>>CLERK: And, your name is?>>HAYEK: Hayek. F.A. Hayek. With an “H”.>>KEYNES: Freddy. (yeah) Keynes. Hey, listen, party at the

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““Fear the Boom and Bust”: Keynes vs. Hayek Rap Battle”

Richard Wolff on Bernie Sanders’ Student Debt Forgiveness Plan

August 17, 2019 at 1:31 pm | Articles, Blog | Ruben Talley -

So, my first comment as an economist answers the question: is this a feasible way of going about the problem? There the answer is an unqualified yes, of course. Is this doable? Yes. Would it solve the problem? Absolutely. Let’s take a look. One of the questions raised about it is “oh my goodness this

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“Richard Wolff on Bernie Sanders’ Student Debt Forgiveness Plan”

Understanding the National Debt and Budget Deficit

August 15, 2019 at 4:29 pm | Articles, Blog | Ruben Talley -

Good morning Hank, it’s Tuesday. So, one of the biggest issues in global politics these days is government debt and deficits, which is a particularly big deal in the United States because of the Presidential campaign and also because of the looming fiscal cliff. And Hank, as you’ll no doubt remember, I received a bronze

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“Understanding the National Debt and Budget Deficit”