Tag Archives: assets

A Simple Guide to Understanding Budget Deficits and Interest Rates

Note: When I wrote this explanation of budget deficits and interest rates just a year ago as a chapter of my book, Lessons from a Road Warrior, we were in a different world where budgets mattered, at least a little. … Continue reading

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Household Balance Sheet Q4/2008-Net Worth Down $11.2 trillion From Year Earlier

As you know from my recent posts, I spend a lot more time thinking about balance sheets and a lot less thinking about GDP, than most economists. In this post I want to look at the balance sheet of the … Continue reading

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