https://twitter.com/OccupyWisdom/status/999660045704073216
Italy 🇮🇹 Euro liabilities of Financial System 24% of GDP, Debt to GDP 132% with short term maturities above 20% of GDP.
Populists think they will exit the euro, print Lira and increase pensions, spending, salaries and export more to the countries they default on. Magic pic.twitter.com/eosYHbMgKS
— Daniel Lacalle (@dlacalle_IA) May 24, 2018
where is inflation rearing its ugly head? pic.twitter.com/CvlhQmB6jl
— Alastair (@StockBoardAsset) May 24, 2018
Health Care Costs for Typical American Family Hit Record High
The Fiscal Times–17 hours ago
The annual cost of health care for a typical American family – two parents and two children covered by an employer-sponsored preferred provider organization …
How BOJ Crushed Trading in Japan’s $10 Trillion Bond Market
Bloomberg–17 hours ago
Ten-year bond number 350 was born on March 1, created to refinance a small sliver of the 1.1 quadrillion odd yen ($10 trillion) worth of Japanese public debt.
Getting Rich on Government-Backed Mortgages
Bloomberg–5 hours ago
Monthly debt payments now eat up half his take-home pay. … players today than during the last mortgage bubble, according to a Brookings Institution report.
South Korea Household Debt Reaches $1.36 Trillion
Financial Tribune–19 hours ago
The first quarter figure marks the largest since the central bank began compiling related data in the fourth quarter in 2002. The increase rate of household credit ..
h/t OccupyWisdom