So how does a government fund its spending programs if global creditors begin to turn to other assets? Well, it can have its own central bank “monetise the debt.” But having the central bank buy government bonds with new money is a sure-fire path to currency depreciation and higher interest rates.
November 23rd, 2009 | Dan Denning | 2 comments | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
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2010-03-22 01:36 Most Comments
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The population just hit 22,200,000. It's growing at 2.1% per year. Skill shortages (already looming) will necessitate increased migration, whether ...
Biker Pete | 22Mar10 | More -
Additionally to BP's comment, consider projected population growth, globally and for Australia (approximately doubling in 40 years), and what it ...
Dan | 22Mar10 | More -
OK... take 2005, Shoes. Percentage spent on mortgage: 32.1%. That's 3.1% higher than today's figure of 29%.
My point, subtle ...
Biker Pete | 22Mar10 | More -
@BP Nit picking "specific dates" is pointless...
also depends the figures you want to use the % ranges ...
Stillgotshoeson | 22Mar10 | More -
Troy, 11.000005 century BC. Upon seeing the horse the Trojans replied: "Don't look a gift house in the mouth, Laocoön!"
John | 22Mar10 | More -
Troy, 11 century BC. Upon seeing the horse Laocoön exclaimed: "Beware of Greeks bearing gifts".
SV | 22Mar10 | More -
"Six out of nine governments since 1980 have been coalitions, several including COMMUNISTS". Priceless ... and some no doubt ...
michael | 22Mar10 | More -
Also noted that item, John. Did you see the Property Insert (p.2) in the Sunday Times, yesterday? Showed that ...
Biker Pete | 22Mar10 | More -
Debt for equity? Sounds like a ponzi scheme. Gold just keeps on looking better, it being the 'ultimate extinguisher of ...
Justin | 22Mar10 | More -
wtf, my view is that the answer is yes as it applies in the real economy, and yet a sharp ...
Ross | 22Mar10 | More
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The population just hit 22,200,000. It's growing at 2.1% per year. Skill shortages (already looming) will necessitate increased migration, whether ...
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