Joining us, MSNOW contributo managing editor of the bulwar Sam Stein, MSNOW political analyst and former undersecretary of state for public diplomacy and public affairs, Rick Stengel, and co-founder and director of economic policy at VEDA Partners, Henrietta Trace. Henrietta, let's talk about credit WHAT ARE CREDIT CARDS. LET'S START WITH CREDIT CARDS. LET'S START WITH CREDIT CARDS.THE WAY TO THINK ABOUT THIS, I THINK THAT'S THE EASIEST TO UNDERSTAND IS THAT THE average family spends $310 a week on grocerie ...

Economists, including at the Bank of England, suspect something is wrong with the numbers https://t.co/UMwThszmF9 ...

The economics of a country are basically the same as the economics of a company or an individual except the government has a ability to print money. Look at it like a company or like your own. Basically, it's projected to spend about $7 trillion, take in about $5 trillion.So, it's running a 40% deficit, 40% of its spending. It's been running deficits for a long time. So it has a debt that is 600% six times the amount of money that it takes in and we can project that number.The problem with debt cycles, they ...

Our senior economics writer picks five books for those starting to study the subject https://t.co/Nset58sCEQ ...