Archive for the ‘New Posts’ Category

Austerity arithmetic: the dreaded r > g trap.

July 19th, 2015

I’ve got a piece out in PostEverything on a lesson we should learn from some arithmetic embedded in the Greek debt crisis. Basically, I point out that when the interest rate a country must pay to service their sovereign debt is consistently and significantly above their growth rate, their debt/GDP ratio just keeps growing. In… Read more

Where’s JB?…and the troubled state of retirement security

July 18th, 2015

Hey, OTE’ers, ready for another round of “where’s JB?” I took the photo below on a bit of a jog yesterday from somewhere within these here United States (somewhere very beautiful). As usual, the winner gets to pick the music for a Friday interlude. I’m here in ____ talking about the precarious state of financial… Read more