Tag Archives: debt to GDP

Debt? It’s Good To Be A Country!

In an investment some debt or leverage can be good but, at some point, it can become all-consuming and impossible to repay! Think about what happened to homeowners who had a variable-rate mortgage, also known as debt or leverage, when mortgage rates began to rise and the value of the asset fell. If their income stayed […]

Greek Beer versus Bonds

Sunday the Greeks will be holding a vote on whether or not the country wants to stay in the Eurozone (as I write this the outcome is termed to close to call)! But certainly the story, regardless of whether the vote there is yay or nay, likely does not end there. Unfortunately excessive debt is certainly not […]