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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 · 16 moments on record from 11 Feb 2019 to 7 Sept 2026.
Everything filed under government
government
Everything filed under public debt
public debt
Everything filed under China
China
Everything filed under tariffs
tariffs 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 a year 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: 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 2 months ago
29 Jun 2026
SG
Scott Greenfield — holds since 2026-06-29 — 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: The legal pathway to test new reactors sat unused in American law for forty years, waiting for an administration to use it. — tap to centre the map on it The legal pathway to test new reactors sat unused in American law for forty years, waiting for an administration to use it. Last stated 3 weeks ago
15 Aug 2026
IT
Isaiah Taylor — holds since 2026-08-15 — tap for who they are
Same subject: The postwar settlement for American science is obsolete: the federal share of R&D has inverted, with private money and philanthropy now funding about 70% of it. — tap to centre the map on it The postwar settlement for American science is obsolete: the federal share of R&D has inverted, with private money and philanthropy now funding about 70% of it. Last stated 3 weeks ago
18 Aug 2026
MK
Michael Kratsios — holds since 2026-08-18 — tap for who they are
Same subject: The United States is not at risk of a financial crisis caused by the size of its government debt. — tap to centre the map on it The United States is not at risk of a financial crisis caused by the size of its government debt. Last stated 2 weeks ago
28 Aug 2026
BC
Ben Carlson — holds since 2026-08-28 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 3 weeks ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: A government is legitimate internally if the governed have consented to it, whatever form it takes. — tap to centre the map on it A government is legitimate internally if the governed have consented to it, whatever form it takes. Last stated 2 months ago
12 Jul 2026
BS
Balaji Srinivasan — holds since 2026-07-12 — 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 few square miles at the Moon's south pole are the only lunar real estate that matters, and whoever gets there first sets the terms. — tap to centre the map on it A few square miles at the Moon's south pole are the only lunar real estate that matters, and whoever gets there first sets the terms. Last stated 3 weeks ago
18 Aug 2026
EB
Eric Berger — holds since 2026-08-18 — tap for who they are
Same subject: A nation of a million people cannot rule hundreds of millions by warfare; the Mongol Empire lasted because it offered its subjects things they actually wanted. — tap to centre the map on it A nation of a million people cannot rule hundreds of millions by warfare; the Mongol Empire lasted because it offered its subjects things they actually wanted. Last stated a year ago
31 Jul 2025
JW
Jack Weatherford — holds since 2025-07-31 — tap for who they are
Same subject: Reducing trade deficits and reviving manufacturing would not end the resentment fueling right-wing authoritarian movements. — tap to centre the map on it Reducing trade deficits and reviving manufacturing would not end the resentment fueling right-wing authoritarian movements. Last stated yesterday
7 Sept 2026
PK
Paul Krugman — holds since 2026-09-07 — tap for who they are
Same subject: Tariffs on Chinese clean energy reduce the total number of clean-energy jobs, because most of those jobs are in deployment rather than manufacturing. — tap to centre the map on it Tariffs on Chinese clean energy reduce the total number of clean-energy jobs, because most of those jobs are in deployment rather than manufacturing. Last stated a year ago
15 May 2025
HR
Hannah Ritchie — holds since 2025-05-15 — tap for who they are
Same subject: Tariffs will not fix what is wrong with global trade; they are a distortionary protectionist method and they will be bad for the country imposing them. — tap to centre the map on it Tariffs will not fix what is wrong with global trade; they are a distortionary protectionist method and they will be bad for the country imposing them. Last stated a year ago
13 Aug 2025
KJ
Keyu Jin — holds since 2025-08-13 — 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 JC John H. CochraneRead 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
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 DP Dylan Patel
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 SG Scott Greenfield
Support for biofuels raises food prices and worsens global hunger.
Holds MG Michael Grunwald
The legal pathway to test new reactors sat unused in American law for forty years, waiting for an administration to use it.
Holds IT Isaiah Taylor
The postwar settlement for American science is obsolete: the federal share of R&D has inverted, with private money and philanthropy now funding about 70% of it.
Holds MK Michael Kratsios
The United States is not at risk of a financial crisis caused by the size of its government debt.
Holds BC Ben Carlson
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds
A government is legitimate internally if the governed have consented to it, whatever form it takes.
Holds
A country cannot fund its own industrial strategy and call the same policy cheating when China does it.
Holds HR Hannah Ritchie
A few square miles at the Moon's south pole are the only lunar real estate that matters, and whoever gets there first sets the terms.
Holds EB Eric Berger
A nation of a million people cannot rule hundreds of millions by warfare; the Mongol Empire lasted because it offered its subjects things they actually wanted.
Holds JW Jack Weatherford
Reducing trade deficits and reviving manufacturing would not end the resentment fueling right-wing authoritarian movements.
Holds PK Paul Krugman
Tariffs on Chinese clean energy reduce the total number of clean-energy jobs, because most of those jobs are in deployment rather than manufacturing.
Holds HR Hannah Ritchie
Tariffs will not fix what is wrong with global trade; they are a distortionary protectionist method and they will be bad for the country imposing them.
Holds KJ Keyu Jin