links for 2009-11-24

The Debt Buildup The federal government's debt, stoked for years by deficit spending, has surged because of the economic crisis…when interest rates begin to rise, the government will face problems similar to those of homebuyers who took out teaser rates that jump after one or two years. (tags: debt deficit govt_spending)

links for 2009-11-23

Mismeasuring inflation « Inflation Watch As was the case in 2007-08, there is a discrepancy between the Case-Shiller index and the owners’ equivalent rent component of CPI, but this time the mismatch causes inflation to be under-reported rather than over-reported. (tags: housing inflation) China should stop property stimulus now -c.bank paper – Forbes.com China should … Read more

links for 2009-11-21

Japan's Latest Economic Ailment: Deflation – TIME While much of the rest of the planet frets about a coming rise in inflation — a consequence of economic recovery, massive stimulus spending and a weakening dollar — Japan faces the opposite problem: a potentially devastating bout of deflation. (tags: Japan deflation GDP)