In 2008, Independence High School confirmed that The American would cease publication due to debt accumulation and budget problems.
That debt accumulation is dangerous.
But that debt accumulation has come at a cost.
His theories on debt accumulation was talked about during the sub prime crisis but largely ignored.
Sustained low real rates can cause higher asset prices and excessive debt accumulation.
Excesses in debt accumulation have been blamed for exacerbating economic problems.
This was largely due to ballooning tax revenue from the housing bubble, which helped accommodate a decade of increased government spending without debt accumulation.
Hyman Minsky's theories about debt accumulation received revived attention in the media during the subprime mortgage crisis of the late 2000s.
First, Washington has no choice but to move on its budget deficits, thereby slowing its debt accumulation, lowering real interest rates and spurring investment.
There is a limit to this debt accumulation, and we have reached it.