Rising Costs Pressure Indebted Nations
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Rising borrowing costs and refinancing needs heightened global debt risks, while conflict-driven energy inflation and renewed market scrutiny pressured countries with large deficits and debt burdens.
Government consumption generally depresses economic growth more severely than public debt, though optimal fiscal constraints depend fundamentally on a nation's trade openness, inflation, and financial depth. doi.org/10.1111/rode.12661
October 12, 2026 at 4:00 PM
Government consumption generally depresses economic growth more severely than public debt, though optimal fiscal constraints depend fundamentally on a nation's trade openness, inflation, and financial depth. doi.org/10.1111/rode.12661
(3/) The corporate tax can also be a part of raising adequate revenue to deal with US fiscal imbalances, as I argue in a joint piece with Natasha Sarin out of @aspenecon.bsky.social.
www.economicstrategygroup.org/publication/...
www.economicstrategygroup.org/publication/...
$15 Trillion on the Table in 2029: Ordinary Taxes to Meet an Extraordinary Fiscal Moment • The Aspen Institute Economic Strategy Group
The US national debt passed 100 percent of GDP in March 2026 and is projected to reach nearly 130 percent by 2039. This worsening fiscal outlook comes at a time when income inequality remains high and...
www.economicstrategygroup.org
October 12, 2026 at 3:20 PM
(3/) The corporate tax can also be a part of raising adequate revenue to deal with US fiscal imbalances, as I argue in a joint piece with Natasha Sarin out of @aspenecon.bsky.social.
www.economicstrategygroup.org/publication/...
www.economicstrategygroup.org/publication/...
Wir haben wieder mal für die Wirtschaftskunde geredet, @holgi.eurosky.social, @christian-bayer.bsky.social und ich. Und zwar über die dräuende Staatsschuldenkrise, verschiedene neue empirische Befunde zu Unternehmens- und Vermögensteuern, sowie ueber Fertilität und Geoökonomik: 🙏RP
October 12, 2026 at 2:00 PM
Wir haben wieder mal für die Wirtschaftskunde geredet, @holgi.eurosky.social, @christian-bayer.bsky.social und ich. Und zwar über die dräuende Staatsschuldenkrise, verschiedene neue empirische Befunde zu Unternehmens- und Vermögensteuern, sowie ueber Fertilität und Geoökonomik: 🙏RP
(6/10) And fiscal responsibility can come with its own growth enhancing effects, including lower interest rates, helping both government budgets and households’ bottom line (due to lower mortgage payments, e.g.).
budgetlab.yale.edu/research/imp...
budgetlab.yale.edu/research/imp...
The Impact of Deficits on Costs for Households
budgetlab.yale.edu
October 12, 2026 at 3:20 PM
(6/10) And fiscal responsibility can come with its own growth enhancing effects, including lower interest rates, helping both government budgets and households’ bottom line (due to lower mortgage payments, e.g.).
budgetlab.yale.edu/research/imp...
budgetlab.yale.edu/research/imp...
by Simon Lester
"the single biggest factor in rising spending and growing deficits is actually the size of the national debt itself. Interest payments on the debt rose 11 percent in fiscal year 2026 and totaled more than $1.1 trillion."
Good long-term planning everyone. Well done.
Good long-term planning everyone. Well done.
Shocker: CBO data contradicts President Donald Trump's oft-repeated claim that tariffs are bringing in "trillions" of dollars for the United States.
buff.ly/ETIe4ZT
buff.ly/ETIe4ZT
The federal government just posted the largest deficit since COVID
Tax revenue increased by about 3 percent last year, but spending increased twice as fast. And interest payments on the debt cost more than $1.1 trillion.
buff.ly
October 12, 2026 at 11:50 AM
"the single biggest factor in rising spending and growing deficits is actually the size of the national debt itself. Interest payments on the debt rose 11 percent in fiscal year 2026 and totaled more than $1.1 trillion."
Good long-term planning everyone. Well done.
Good long-term planning everyone. Well done.
"Energy price shocks and current account balances: Evidence from emerging market and developing economies" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
October 11, 2026 at 10:30 PM
"Energy price shocks and current account balances: Evidence from emerging market and developing economies" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
Reposted by Simon Lester
Shocker: CBO data contradicts President Donald Trump's oft-repeated claim that tariffs are bringing in "trillions" of dollars for the United States.
buff.ly/ETIe4ZT
buff.ly/ETIe4ZT
The federal government just posted the largest deficit since COVID
Tax revenue increased by about 3 percent last year, but spending increased twice as fast. And interest payments on the debt cost more than $1.1 trillion.
buff.ly
October 12, 2026 at 11:45 AM
Shocker: CBO data contradicts President Donald Trump's oft-repeated claim that tariffs are bringing in "trillions" of dollars for the United States.
buff.ly/ETIe4ZT
buff.ly/ETIe4ZT
JUST PUBLISHED: "Global versus Domestic Supply Chain Disruptions: Implications for Inflation and Economic Confidence" is published at International Finance: onlinelibrary.wiley.com/sha...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
October 11, 2026 at 7:00 PM
JUST PUBLISHED: "Global versus Domestic Supply Chain Disruptions: Implications for Inflation and Economic Confidence" is published at International Finance: onlinelibrary.wiley.com/sha...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Heightened geopolitical tensions severely amplify the growth-depressing effects of energy security risks, exposing acute vulnerabilities within emerging markets and fossil-fuel-dependent economies. doi.org/10.1016/j.energy.20...
October 11, 2026 at 6:00 PM
Heightened geopolitical tensions severely amplify the growth-depressing effects of energy security risks, exposing acute vulnerabilities within emerging markets and fossil-fuel-dependent economies. doi.org/10.1016/j.energy.20...