Stefan Karlsson's blog

So now the so-called protestors have overthrown democratically elected President Yanukovich in what is in effect a coup. It is unclear what will happen, and how Russia and Yanukovich and his supporters will act, but this is almost certainly not the end...

Suddenly, my post about why Ukraine should be divided between its anti-Russian and pro-Russian parts has seen a dramatic increase in page views. That is no doubt related to the latest escalation of Ukraine's political crisis with both government forces...

For years, the U.S. has had a sharp rise in its government debt, at a rate of more than a trillion dollars per year while household debt, particularly mortgage debt (largely due to debt writedowns), fell.
In 2013 the government deficit fell sharply due to higher taxes, lower spending and the economic recovery, but at the same time private debt stopped shrinking and started to increase again, particularly in the fourth quarter....