Main

processing priority

4

site type

3 (personal blog or private political site, e.g. Blogspot, Substack, also small blogs on own domains)

review version

11

html import

20 (imported)

Events

first seen date

2023-12-21 08:25:25

expired found date

-

created at

2024-06-10 08:10:10

updated at

2026-01-16 13:06:24

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Server

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Mainpage statistics

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mp rejected date

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mp saved date

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Open Graph

title

Ockham's Notebook

description

image

site name

Ockham's Notebook

author

updated

2025-12-22 15:05:03

raw text

Ockham's Notebook Ockham's Notebook Home About Contact Disclaimer May 9, 2020 Dealing With Post Covid Debt Countries around the world have shut down their economies in order to stop down the spread of Covid-19.  In order to prevent a humanitarian disaster they are implementing aggressive fiscal stimulus.   Prior to Covid-19 debt levels were already high.  In coming years they will reach levels never before seen in peacetime.  Average deficits in the developed world are around 11% of GDP this year, and developed world public debt could reach over 122% of GDP by the end of this year, according to The Economist.  This debt will have major consequences for the world economy in coming decades.  Broadly speaking, there are three ways a country can deal with debt: Adjust taxes and spending Default on it. Grow/inflate out of it.   Each scenario has very different implications for financial markets. Adjust taxes and spending Governments couldeither raise t...

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