Tag Archives: debt defaults

How Limited Oil Supply can lead to a Continuing Financial Crisis

I recently wrote an article called Oil Supply Limits and the Continuing Financial Crisis, which has been accepted by the journal Energy. It is still in pre-publication status, but the corrected proof is available for purchase. Because of copyright limitations, … Continue reading

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How can a government fix its debt problem?

We have all read about the standard “fixes” for a governmental debt problem–(1) inflate your way out of the problem, (2) cut programs and/or raise taxes, and (3) restructure debt, perhaps delaying repayment and giving bondholders a “haircut” on promised … Continue reading

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Who will pay if there are municipal bond defaults?

I have written quite often saying that rising oil prices can be expect to lead to debt defaults. For a while, some of this was hidden through lower oil prices and stimulus programs, but we are now beginning to see … Continue reading

Posted in Financial Implications | Tagged , | 10 Comments