Author Archives | Aaron Johnson
Kicillof Kirchner Argentina

Argentina’s debt restructuring options limited

On June 16th, 2014, the U.S. Supreme Court ruled in favor of NML Capital Ltd (NML) over the Republic of Argentina in a major debt settlement case. The ruling has implications not only for Argentina but also other debt-ridden countries throughout the world. Regardless of how Argentina responds, Prime Minister Christina Fernandez de Kirchner’s options are unattractive. […]

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unemployment

Can monetary policy address U.S. long-term unemployment?

With Janet Yellen newly confirmed as Chairman of the Federal Reserve, investors are now parsing her testimony to gain insight on the future direction of interest rates.   One particularly interesting piece of her testimony involved the persistence of long-term unemployment and a high number of part-time workers: “These observations underscore the importance of considering more than the […]

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Taking the debt ceiling to the brink

With the House of Representatives having passed a bill Wednesday night putting an end to the government shutdown, let’s take a look at the factors that contributed to the political deadlock that has played out over the past two weeks. First, a more ominous threat than the debt ceiling lay behind the precarious situation. The […]

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Occupy Wall Street

All-In Nation Growth Agenda, In or Out?

Are you in? All-In Nation is a collaboration between the Center for American Progress and PolicyLink, and it is centered on exploring ways to create broad-based economic growth. Their progressive agenda is to lower income inequality by ensuring that barriers and obstacles are eradicated through encouraging more public investment and breaking down employment discrimination through […]

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Haruhiko Kuroda

Japan’s Currency Devaluation Causes Concern

Japan has been in an economic funk since the 1990s. It was at that time that many speculated it would overtake the U.S. as the global economic superpower rather than China. However, a poorly regulated financial system led to a housing crisis, from which they have yet to recover. With the recent election of Shinzo […]

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