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← America borrowed cheaply from the world and spent it on consumption rather than investment, exactly as Greece did.
17 connected korrents · 17 moments from 11 Feb 2019 to 14 Oct 2026.
Everything filed under America
America
Everything filed under public debt
public debt
Everything filed under China
China
Everything filed under politics
politics Cannot both be true In tension In tension Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: America borrowed cheaply from the world and spent it on consumption rather than investment, exactly as Greece did. America borrowed cheaply from the world and spent it on consumption rather than investment, exactly as Greece did. Last stated 2 years ago
14 Apr 2025
JC
John H. Cochrane — holds since 2025-04-14 — tap for who they are
Cannot both be true: When safe interest rates are expected to remain below growth rates for a long time, rolling over public debt without later tax increases is feasible and public debt may carry no fiscal cost. — tap to centre the map on it When safe interest rates are expected to remain below growth rates for a long time, rolling over public debt without later tax increases is feasible and public debt may carry no fiscal cost. Last stated 3 years ago
6 Nov 2023
OB
Olivier Blanchard — holds since 2019-02-11 — tap for who they are
OB
Olivier Blanchard — no longer holds since 2023-11-06 — tap for who they are
In tension: Judging by output kept near potential despite weak private demand, Japan's decades of high debt and low inflation reflect a qualified policy success, not failure. — tap to centre the map on it Judging by output kept near potential despite weak private demand, Japan's decades of high debt and low inflation reflect a qualified policy success, not failure. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
In tension: The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. — tap to centre the map on it The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A conspiracy theory can be used as a pretext to dismantle government programs and target researchers and citizens. — tap to centre the map on it A conspiracy theory can be used as a pretext to dismantle government programs and target researchers and citizens. Last stated 2 months ago
4 Sept 2026
AA
Anne Applebaum — holds since 2026-09-04 — tap for who they are
Same subject: American administrations have the power to disconnect any individual or foreign government from digital infrastructure provided by American Big Tech — tap to centre the map on it American administrations have the power to disconnect any individual or foreign government from digital infrastructure provided by American Big Tech Last stated a year ago
3 Jun 2025
DH
David Heinemeier Hansson — holds since 2025-06-03 — tap for who they are
Same subject: American export controls police floating-point operations while memory and interconnect matter just as much, and reasoning models make that the wrong axis to control. — tap to centre the map on it American export controls police floating-point operations while memory and interconnect matter just as much, and reasoning models make that the wrong axis to control. Last stated 2 years ago
3 Feb 2025
DP
Dylan Patel — holds since 2025-02-03 — tap for who they are
Same subject: Ending a temporary immigration status overnight, after people have built lives in reliance on it, does real harm to them and to their communities. — tap to centre the map on it Ending a temporary immigration status overnight, after people have built lives in reliance on it, does real harm to them and to their communities. Last stated 4 months ago
29 Jun 2026
SG
Scott Greenfield — holds since 2026-06-29 — tap for who they are
Same subject: Federal efforts to restrict free expression in recent years were illegal and unconstitutional. — tap to centre the map on it Federal efforts to restrict free expression in recent years were illegal and unconstitutional. Last stated 2 years ago
20 Jan 2025
DT
Donald Trump — holds since 2025-01-20 — tap for who they are
Same subject: If government is to exercise power, it is better done locally than by states, and by states than nationally — tap to centre the map on it If government is to exercise power, it is better done locally than by states, and by states than nationally
MF
Milton Friedman — holds since c. 1962 — tap for who they are
Same subject: Market access should be reciprocal: Canada bars American firms from government procurement while its own firms sell freely into America's. — tap to centre the map on it Market access should be reciprocal: Canada bars American firms from government procurement while its own firms sell freely into America's. Last stated a month ago
8 Sept 2026
DT
Donald Trump — holds since 2026-09-08 — tap for who they are
Same subject: Support for biofuels raises food prices and worsens global hunger. — tap to centre the map on it Support for biofuels raises food prices and worsens global hunger. Last stated 3 years ago
6 Jun 2023
MG
Michael Grunwald — holds since 2023-06-06 — tap for who they are
Same subject: A continental army's first mission is to keep the regime in power, not to defend the border — which is what the People's Liberation Army is for. — tap to centre the map on it A continental army's first mission is to keep the regime in power, not to defend the border — which is what the People's Liberation Army is for. Last stated 4 months ago
9 Jun 2026
SP
Sarah Paine — holds since 2026-06-09 — tap for who they are
Same subject: A country cannot fund its own industrial strategy and call the same policy cheating when China does it. — tap to centre the map on it A country cannot fund its own industrial strategy and call the same policy cheating when China does it. Last stated a year ago
15 May 2025
HR
Hannah Ritchie — holds since 2025-05-15 — tap for who they are
Same subject: A country's scientific trajectory can keep advancing even if political instability or economic uncertainty slows its broader progress. — tap to centre the map on it A country's scientific trajectory can keep advancing even if political instability or economic uncertainty slows its broader progress. Last stated 7 months ago
21 Mar 2026
TG
Tanner Greer — holds since 2026-03-21 — tap for who they are
Same subject: A backlash against women's economic rise is not automatic; it happens only where politicians choose to mobilise it. — tap to centre the map on it A backlash against women's economic rise is not automatic; it happens only where politicians choose to mobilise it. Last stated 2 years ago
1 Dec 2024
AE
Alice Evans — holds since 2024-12-01 — tap for who they are
Same subject: A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power. — tap to centre the map on it A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power. Last stated a week ago
14 Oct 2026
PK
Paul Krugman — holds since 2026-10-14 — tap for who they are
Same subject: A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system. — tap to centre the map on it A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system. Last stated 6 months ago
9 Apr 2026
NS
Noah Smith — holds since 2026-04-09 — tap for who they are
At the centre
America borrowed cheaply from the world and spent it on consumption rather than investment, exactly as Greece did.
Holds Read this korrent →
When safe interest rates are expected to remain below growth rates for a long time, rolling over public debt without later tax increases is feasible and public debt may carry no fiscal cost.
No longer holds
Judging by output kept near potential despite weak private demand, Japan's decades of high debt and low inflation reflect a qualified policy success, not failure.
Holds
The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad.
Holds
A conspiracy theory can be used as a pretext to dismantle government programs and target researchers and citizens.
Holds
American administrations have the power to disconnect any individual or foreign government from digital infrastructure provided by American Big Tech
Holds
American export controls police floating-point operations while memory and interconnect matter just as much, and reasoning models make that the wrong axis to control.
Holds
Ending a temporary immigration status overnight, after people have built lives in reliance on it, does real harm to them and to their communities.
Holds
Federal efforts to restrict free expression in recent years were illegal and unconstitutional.
Holds
If government is to exercise power, it is better done locally than by states, and by states than nationally
Last stated c. 1962
Holds
Market access should be reciprocal: Canada bars American firms from government procurement while its own firms sell freely into America's.
Holds
Support for biofuels raises food prices and worsens global hunger.
Holds
A continental army's first mission is to keep the regime in power, not to defend the border — which is what the People's Liberation Army is for.
Holds
A country cannot fund its own industrial strategy and call the same policy cheating when China does it.
Holds
A country's scientific trajectory can keep advancing even if political instability or economic uncertainty slows its broader progress.
Holds
A backlash against women's economic rise is not automatic; it happens only where politicians choose to mobilise it.
Holds
A corrupt, partisan majority on the Supreme Court has given Trump a huge amount of untrammeled power.
Holds
A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system.
Holds