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RELIGION, CURRENT EVENTS, TECHNOLOGY Subscribe to the breaking newsWhat is RSS?
FRONT PAGE  |  7/10/2014
SATURDAY, JAN 18, 2014  |  1 comments
Harvard Professors Predict High Inflation, Defaults for U.S.
Two Harvard professors are predicting that America will soon be forced to adopt financial measures only previously used by third-world countries in order to control its runaway debt. Economists Carmen Reinhart and Kenneth Rogoff gained international attention and applause with their 2009 book, This Time is Different: Eight Centuries of Financial Folly, followed by the publication in 2010 of Growth in a Time of Debt.

The first gained international recognition for its analysis of fiscal follies implemented by governments to rein in out-of-control debts and pointing to the similarities to the current environment in the United States. The second book gained the professors notoriety for claiming that too much debt predictably slowed economic growth, especially when government debt exceeded 90 percent of a country’s gross domestic economic output. Keynesians seeing the implications that would come from ...


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Response to economic crisis?
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Conservative Catholics question Pope Francis’s approach
jim lincoln from nebraska: "hmm, i'm temporarily getting back to topic of the..."
-4 min 57 
Census: More first-time mothers give birth out of wedlock
strat: "lol...all this from the one who says judge not....you think your judgment..."
-7 min 77 
Analysis: New Study Did Not Prove That Gay Parents Are Better
s c from oh: "and to think, all they have to do to find the answer is to look in..."
-2 hrs 


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Spiritual growth consists most in the growth of the root. ... Matthew Henry

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