Public_Debt
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12/02/2008
Yosano rejects increased public spending (Financial Times)
Kaoru Yosano, Japan’s minister for economic policy, has attacked calls for higher public spending. He said Japan could not afford to add to its gross public debt, already about 180 per cent of national output, the highest in the advanced world.
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12/02/2008
West's pledge to tackle global poverty has been crowded out by our own crisis (Guardian Unlimited)
Crowding out is the phrase of the moment. It is traditionally part of the esoteric lexicon of the economics profession, but debate is now raging over whether the high levels of public debt required to pay for emergency tax and spending packages will drive up long-term interest rates and so make private investment less plentiful and more expensive. This argument is in its early stages and ...
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12/04/2008
Toll loss narrows, shares rise sharply (Reuters via Yahoo! News)
Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, and its shares rose sharply as homebuilders extended a rally spurred by improved mortgage rates.
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12/04/2008
Toll Brothers 4Q loss narrows, no 2009 forecast (AP via Yahoo! News)
Toll Brothers Inc. said Thursday its fiscal fourth-quarter loss narrowed slightly as it took fewer write-downs on land values, but warned that fiscal 2009 revenue will fall significantly below 2008 levels.
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12/02/2008
State debt to central bank remains unchanged (Moldova.org)
The internally held public debt to the National Bank of Moldova on November 30 was 2.213 billion lei. It remained unchanged during eight months. According to the central bank, the state debt on November 30 was serviced at an average interest rate of 19.21%, as against 19.07% on October 31, 19.24% on September 30 and 18.83% on August 31. The internal debt in July was serviced at a rate of 18.14%, ...
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12/04/2008
Losses narrow for luxury builder Toll Bros. (CNN Money)
The home builder said losses narrowed in the fourth quarter, but it expects 2009 revenue to fall 'significantly below' 2008.
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12/04/2008
Toll quarterly loss narrows, but outlook cloudy (Reuters via Yahoo! News)
Toll Brothers Inc , the largest U.S. luxury home builder, said its quarterly loss narrowed slightly as it wrote down less inventory, but dire market conditions kept it from giving any kind of forecast.
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12/04/2008
Desperate Times, Desperate Policies (Forbes)
Stag-deflation marches on.
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12/04/2008
France unveils huge stimulus plan (BBC News)
French President Nicolas Sarkozy unveils a 26bn-euro ($33bn, £23bn) stimulus plan to help France fend off financial crisis.
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12/04/2008
Homebuilder Toll Brothers Loss Narrows (TheStreet.com)
The homebuilder said fewer writedowns on land values helped, but that 2009 looks difficult.
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| A Better Auction Mechanism, And Why Governments Should Sell Futures Rather Than Debt - Paper outlining the need for governments to stop selling debt through their current, primitive methods, and a suggestion for a replacement.Budget Explorer: The Complete U.S. Federal Budget - Explore the entire U.S. Federal Budget quickly and easily. Find solutions to reduce the National Debt. Learn how others have balanced the budget, and how your Federal taxes are spent.FAQ About the Budget and the National Debt - The U.S. Treasury's Office of Public Correspondence tries to answer some of the safer questions on the National Debt.Federal Budget Spending, National Debt, Deficit - Is there a budget surplus? You can find out for yourself. If the National Debt is increasing, then the Treasury Department is borrowing, and there must be a deficit.Flashback - The Balanced-Budget Debate - The Atlantic Monthly's review of its own century of articles takes a look at Federal deficits and debt. As always, they lean toward the The Mechanics of Inflation - A detailed analysis of the mechanics of U.S. National Debt Clock - Another National Debt clock, this one not in Java, with many useful links, and a National Debt FAQ.
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