Tag Archives: Debt consolidation

Arrears and the Paradox of Aggregation

By David Mc Williams So we have arrived at the day when the State has to deal with the consequences of the housing binge on the balance sheet of the ordinary person. A few years ago, people who warned this … Continue reading

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Why Government could learn a lot from the world of business

By David Mc Williams One of the many great things about teaching an economics course is that you get as many ideas from your students as you give them. The other night, one of my students, who is returning to … Continue reading

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One interesting point on Fiscal Compact, folks

by Dr. Constantin Gurdgiev One interesting point on Fiscal Compact, folks. The 1/20th adjustment rule has been interpreted widely as the rule requiring states with debt/GDp ratio in excess of 60% to reduce their debt levels by 1/20th of the gap between their … Continue reading

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Diarmaid O Seigefriede explaines the scam !

This is an excellent comment on the article I wrote “Michael Noonan Spin and more spin!”this comment was sent in to us this by Diarmaid O Seigefriede who is currently in Spain I understand.Diarmaid’s comment I thought merits a page posting of … Continue reading

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The Debt Generation,



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