World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Tom Keene Talks with David Stockman
Keywords:
David Stockman, director of the Office of Management and Budget under Reagan, is interviewed by Tom Keene. Stockman says the US has $52 trillion of debt on a $14.5 trillion economy, a ratio of 3.6 times GDP. Historically, before 1980, it has been around 1.6. This debtification of the US, he says, is the major problem facing the US today. Stockman sees little or no economic growth in the next 5 to 10 years, as debt reduction progresses.
David Stockman, Reagan's Budget Director prodigy, on bank behaviour and solutions to the banking and economic crisis.
01/20/2010
Stockman takes on the banks as instruments of the impoverishment of the U.S. economy and of the American middle class. He derides the loose monetary policy of the Fed, that has encouraged insane and socially unproductive behaviours of the American banks.
Grouped Articles
Wall Street Journal 04/18/2013
New York Times 07/21/2011
Taxing Wall Street Down to Size
New York Times 01/20/2010
Four Deformations of the Apocalypse
New York Times 07/31/2010
Tom Keene Talks with David Stockman
BusinessWeek 08/12/2010
Opinions Are Split on Fed Policy Move
Wall Street Journal 11/01/2010
Debt, health care, other issues and the 2010 Congressional elections.
12/18/2009
Republicans and Democrats position themselves on issues such as debt, health care as they go in to the 2010 elections.
Grouped Articles
Angry Liberals Edge Toward a Mutiny
Wall Street Journal 12/18/2009
Both Parties to Highlight Bill in Bid to Win Over 2010 Voters
Wall Street Journal 12/26/2009
Doctors Chafe As Medicare Cuts Loom
Wall Street Journal 06/16/2010
New York Times 08/21/2010
Tom Keene Talks with David Stockman
BusinessWeek 08/12/2010
In Battle Over Health Law, Math Cuts Both Ways
New York Times 01/07/2011
Federal Reserve's $800 billion rescue for mortgage and consumer debt securities markets in October 2008.
11/25/2008
October 2008 was the month when consumer debt securites market collapsed, with dire consequences for GM and other businesses. The Fed stepped in with $200 billion of money for investors to buy these securities and also set up its own effort to buy $600 billion of mortgage securities from Fannie and Freddie.
Grouped Articles
Putting the Hit on Fannie, Freddie
Wall Street Journal 03/12/2014
Senators Draft Housing Finance Overhaul
New York Times 03/11/2014
New Facility Targets Consumer Lending
Wall Street Journal 11/25/2008
Fed Aid Sets Off a Rush to Refinance
Wall Street Journal 11/26/2008
Fear Recedes in the Debt Markets
Wall Street Journal 11/26/2008
U.S. Consumer Loan Aid Will Trickle Only So Far
New York Times 11/27/2008
America's long term debt crisis.
10/01/2009
A chronic situation from which it will be hard to get out of with sluggish growth and deflationary trends.
Grouped Articles
Economist 11/13/2009
Economist 10/01/2009
Calling on Congress to stop the debt tsunami
Washington Post 12/18/2009
New York Times 08/21/2010
Tom Keene Talks with David Stockman
BusinessWeek 08/12/2010
Washington Post 08/07/2011
Need to roll over short term debt of close to $4 trillion will limit growth in the U.S. and Europe.
07/11/2010
A trend to short term borrowing and the competing role of banks and sovereign governments in bond issuance, is likely to put additional stress on capital markets worldwide. This is true especially in Europe which has $2.6 trillion to roll over by 2012, according to analysts. The stress will ber greater on less healthy financial institutions in Europe.
Grouped Articles
Sovereign-debt managers: Rollover roulette
Economist 10/16/2010
How Righteousness Killed the World Economy
New York Times 10/12/2014
Crisis Awaits Worldâs Banks as Trillions Come Due
New York Times 07/11/2010
New Doubts on EU Bank Stress Tests
Wall Street Journal 07/20/2010
New York Times 08/21/2010
Tom Keene Talks with David Stockman
BusinessWeek 08/12/2010
Realistic perspectives on the U.S. economy with the consumer and bank bad debt overhang.
03/11/2009
High Frequency Economics's Ian Shepherdson and other experts look at the effect of debt in estimating growth.
Grouped Articles
Deleveraging: It's Not Over Till It's Over
Wall Street Journal 03/11/2009
How Righteousness Killed the World Economy
New York Times 10/12/2014
New York Times 11/29/2009
Tom Keene Talks with David Stockman
BusinessWeek 08/12/2010
Economist Shiller Sees Potential for 'Double Dip' Recession
Wall Street Journal 08/27/2010
How to Fix the Economy: An Expert Panel
BusinessWeek 09/16/2010
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us