@OccupyWisdom
Central banks continue to fuel the sovereign debt bubble.
It will end badly pic.twitter.com/ldSW9PUqMi
— Daniel Lacalle (@dlacalle_IA) April 15, 2018
.@jpmorgan: "Overall, US companies will buy back ~$800b of their stock this year, up from $525b in 2017, and boost dividend payouts by about 10% to a record $500b" t.co/YbL1hLOg1c pic.twitter.com/Zd8nzPVPw0
— Trevor Noren (@trevornoren) April 15, 2018
.@jpmorgan: "Overall, US companies will buy back ~$800b of their stock this year, up from $525b in 2017, and boost dividend payouts by about 10% to a record $500b" t.co/YbL1hLOg1c pic.twitter.com/Zd8nzPVPw0
— Trevor Noren (@trevornoren) April 15, 2018
US non-financial corporate debt ended 2017 at 45.4% of GDP, a record. Yet, default rates sit at historic lows, ending 2017 at 3.3%. As S&P said in a report earlier this year: “Something’s gotta give.” My latest for @WhatILearnedTW t.co/ApR5lDstcG
— Trevor Noren (@trevornoren) March 23, 2018
Los Angeles Schools Facing $15 Billion Debt for Retiree Health Care
Reason (blog)–9 minutes ago
The district’s so-called OPEB liability—that’s actuarial jargon for “other post-employment benefits,” which includes the cost of medical, dental, and other health care benefits that fall outside the traditional pension system—has climbed from $13.5 billion in 2015 to $14.9 billion in 2017, according to the report, a copy of which …
South Korea Debt-to-GDP Ratios Surpass Tipping Point