acrossthecurve.com - 12/30/2008
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The incoming Obama Administration and its acolytes in Congress have floated various trial balloons regarding the size of the next stimulus package. Most of the press reports on the topic place the size of the package at something in the neighborhood of $750 billion. That is an enormous sum of ...
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Morning Reading 12/29/2008
Paul Kedrosky's Infectious Greed —
... Doing the math on funding the U.S. deficit -- absent debt monetization -- forces some strange conclusions, like a 50-year bond (Across the Curve) ...
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