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Debt
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Debt Payments Dwarf Reconstruction Aid on Philippine’s Typhoon Haiyan Anniversary
A year after Typhoon Haiyan struck the Philippines and killed 6,000 people, a religious relief group reports the country spends more on debt payments than it received in disaster …
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The Shackles Return: Why Debtors’ Prisons Are Making a Comeback in the US
Debtors' prisons are making a serious comeback in the United States, which is deeply problematic for the poor and working class.
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Germany’s Unpaid Debt to Greece: Economist Albrecht Ritschl on WWII Reparations That Never Were
Albrecht Ritschl, professor of economic history, discusses Germany's unpaid war debts and reparations to Greece from World War II.
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If Only the Washington Post Could Get Its Hand on the Social Security Trustees Report
To those in the real world, people losing their jobs and losing their homes, would be the big story.
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The Deficit Is Down and the Deficit Hawks Are Furious
The deficit hawks are perfectly happy to see upward redistribution continue. After all, they and their patrons have been the beneficiaries.
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IMF Recommends Changes to Prevent Future Debt Rulings Like the One Against Argentina
The IMF Executive Board is endorsing a collective action clause reform which would allow a majority of creditors to make decisions that would be binding on the minority.
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International Monetary Fund Releases Plans to Stop Predatory Hedge Funds
The paper comes on the heels of a similar August proposal by the International Capital Market Association to deter disruptive predatory and hold-out behavior.
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Obama Administration Again Sides With Abusive Loan Servicers, This Time on Student Loans
These students are getting a painful lesson at a tender age: financial predators have a strong and sympathetic constituency in government.
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Argentina Faces US Contempt Hearing and Daily $50,000 Penalty for Failure to Pay Hedge Funds
This predatory behavior hurts investors and countries of all sizes.
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Meet the Activist Group That’s Making Student Loan Debt Disappear
Initiatives like the Rolling Jubilee are meant to inspire and enlighten by making us question the system of debt.