"Who's buying all that debt?"
July 26, 2010
Distinguished economist James Hamilton asks (July 11).
(Readers of the Door may remember, that I noted the same concern last March.)
« June 2010 | Main | August 2010 »
Distinguished economist James Hamilton asks (July 11).
(Readers of the Door may remember, that I noted the same concern last March.)
Goldman's Jan Hatzius has warned that spending cutbacks for U.S. state and local governments, due to budget problems for states such as California, will drag down GDP growth this year.
While this already hit the U.S. economy hard last year, 2010 isn't going to be any better . . .
To be fair, they live hard.
As chosen by Popular Mechanics.
The world's hodgepodge of military bases run the gamut from hazardous mountaintop forts to seemingly impenetrable underground bunkers. Then there are bases on remote islands tracking objects in deep space and high-tech laboratories probing the most lethal microbes in existence. The design of a base needs to address the immediate needs of a military while still being versatile enough to remain useful as threats and technology evolve.