Chart usGOLD   Chart usSILVER  
 
Food for thought
The market can stay irrational longer than you can stay solvent
John Maynard Keynes  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1301.85-0.47
Silver 19.59-0.06
Platinum 1430.75-2.00
Palladium 799.250.50
WORLD MARKETS
DOWJONES 16425159
NASDAQ 408652
NIKKEI 14411-6
ASX 541332
CAC 40 440660
DAX 9318144
HUI 222-2
XAU 91-1
CURRENCIES (€)
AUS $ 1.4761
CAN $ 1.5229
US $ 1.3838
GBP (£) 0.8222
Sw Fr 1.2183
YEN 141.2040
CURRENCIES ($)
AUS $ 1.0668
CAN $ 1.1005
Euro 0.7227
GBP (£) 0.5942
Sw Fr 0.8805
YEN 102.0240
RATIOS & INDEXES
Gold / Silver66.45
Gold / Oil12.53
Dowjones / Gold12.62
COMMODITIES
Copper 3.030.00
WTI Oil 103.880.12
Nat. Gas 4.530.00
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
The Debt and Deficits in 6 Minutes and 34 Seconds
Published : December 05th, 2012
126 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet
Keywords :   Government |

 

 

 

 

John Green dispels many of the misconceptions about debts and deficits, along the way explaining why the current state of affairs is not a crisis, but could turn into one (h/t The Big Picture).




It’s still surprising to me to hear or read what is probably the most important misconception about government debt – that it all has to be paid off someday. In fact, I think former presidential candidate Mitt Romney used to talk about paying down the debt, like he was going to produce sufficient surpluses to have actually made a difference. The problem is that governments around the world have had a pretty good time in recent decades growing their debt (as a share of GDP) and, unfortunately, you can’t do that forever.

 

 

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
4/16/2014
4/16/2014
4/16/2014
4/16/2014
4/15/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer