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    • public debt FAQ

    How have countries converted public debt in the past?

    Nov 08, 2009 by T | Posted in Other - Politics & Government

    Charles P Kindelberger mentions in Manias, Panics and Crashes that large-scale conversions of public debt occurred in 1822, 1824, and 1888. He also says interest rate declines were associated with the public debt conversion. Which countries have converted

    The problem is that 60% of our wealth is owned by the Rothschild and their associated families, and a lot of our dollar is propped up by china. We could just start using Euros slowly and re-issue based on the govt holding commodities. Its gonna be a

    Helen Killer | Nov 08, 2009

    The problem is that 60% of our wealth is owned by the Rothschild and their associated families, and a lot of our dollar is propped up by china. We could just start using Euros slowly and re-issue based on the govt holding commodities. Its gonna be a
    Helen Killer | Nov 08, 2009

    Can large public debt causethe bankruptcy of the government,making it unable to meet its financial obligation?

    May 15, 2008 by de tamz | Posted in Economics

    Can a large public debt cause the bankruptcy of the government,making it unable to meet its financial obligations? WHY?

    If you're talking U.S. it already IS bankrupt ! meaning it does not have enough gold/ reserves, to pay all it's debt. Fortunately other countries don't/ wont 'call' in that debt. Public debt / Govt. debt are one and the same since the Govt. IS the people

    psychologist_4u | May 15, 2008

    yes if the other countries who own are debt want all the money or if there rates are raised more then we can raise others to pay for it
    tricky | May 15, 2008

    How did the Federalists fund the public debt?

    Mar 04, 2009 by Liza P | Posted in Homework Help

    Im doing a paper and I am for the Federalists. I want to know the details about how Federalists, mostly Hamilton, funded the public debt. It would also be good to get some information on how the antiFederalists thought about this.

    see the ordinance of 1794
    jefferson and hamilton made enough money to buy louisiana and to send lewis and clark off on their camping trip to the pacific northwest
    also look at this site for some interesting info
    http://theformofmoney.blogharbor.com/blo

    curmudgeon.in.training | Mar 10, 2009

    public debt news

    Hungary public debt 80.3% of GDP at end-2011

    23.02.12
    At the end of 2010 Hungary’s general government consolidated gross debt at nominal value amounted to 81.3% of GDP at the end of 2010, so the indicator dropped moderately last year. The main reason for that is that the state spent half of the assets transferred from private pension fund to
    Source: portfolio.hu

    Greece targets debt swap from March 8: government

    23.02.12

    ATHENS (Reuters) - Greece's cabinet agreed on Saturday to launch a debt swap for private creditors on March 8 with the aim of completing it by March 11, a government official said.

    The swap is to accompany a $130 billion rescue package that Athens hopes to agree with its euro zone partners on Monday and will mean that creditors take a 70 percent cut in the real value of their holdings.


    Source: WAMC

    Greek cabinet backs extra austerity measures

    23.02.12

    ATHENS, Feb 19 — Greece’s cabinet yesterday approved a final set of austerity measures sought by the EU and IMF as a condition for a €130-billion (RM519.8 billion) rescue package, raising the chances of a deal next week to avert a chaotic default on its debt.

    The approval was largely a formality after Athens last week unveiled details of the extra budget and public-sector wage cuts worth €325 million to euro zone partners.


    Source: The Malaysian Insider

    public debt about


    Commentary: Greece's woes are acute, while Japan's are chronic
    MarketWatch - Jun 29, 2011 Commentary: Greece's woes are acute, while Japan's are chronic Even before the devastating earthquake and tsunami on March 11, the Organization for Economic Cooperation and Development said Japan's public debt was on track to top 200% of its gross domestic product in 2011. That compares with less than 140% for

    Why the "14th Amendment" Solution to the debt ceiling won't work
    Blue Wave News - Jun 29, 2011 Why the "14th Amendment" Solution to the debt ceiling won't work There is a new post on Huffington Post suggesting that some Democrats are thinking about invoking what I like to call the "14th Amendment Solution" to the debt ceiling. It basically goes like this: The validity of the public debt of the United States,

    New govt will be stymied by public debt
    The Nation - Jun 29, 2011 By WICHIT CHAITRONG The extent to which the next government can implement its populist policies will be capped by the law on public debt, and it would be wise to embrace the sufficiency-economy philosophy, according to experts. "Public-debt law is

    UAE sovereign bond by end-2012 likely
    Emirates 24/7 - Jun 29, 2011 UAE sovereign bond by end-2012 likely The UAE may issue its first ever sovereign federal bond toward the end of 2012 after a public debt law is signed this summer, the financial affairs minister said on Wednesday. The UAE's top advisory council passed a new public debt bill in December

    Public debt below 52.8% of GDP in 2011?
    Warsaw Voice - Jun 29, 2011 Poland will bring its public debt-to-GDP ratio in 2011 slightly below the 2010 level of 52.8% and will push debt below 50% in 2013, deputy Finance Minister Ludwik Kotecki said. "This year, public debt in relation to GDP, according to Poland's system of