Late Friday evening, Standard and Poor's was the first US credit ratings agency to actually whisper that, possibly, the emperor has no clothes.The emperor, in fact, has been...
If the USA default on its debt August 2nd, it will not be the 1st time. The US Treasury Department says Congress has raised the Nation's debt ceiling 78 times since Y...
After House Speaker John Boehner (R-Ohio) abruptly withdrew from the debt talks with the White House last Friday, the latest development is the dueling proposals from the...
In spite of constant headlines about debts and deficits, most Americans don’t really believe the U.S. dollar will collapse. From knowledgeable investors who study the markets to...
William Poole, Senior Economic Adviser, Merk Investments
July 25, 2011
William PooleJuly 25, 2011
As I write early Monday morning, it appears that the federal government is at the...
Leaders from both parties in Washington are playing a dangerous political game with the nation's AAA credit rating. The first self-imposed deadline of July 22 to have a...
In Washington DC, the fight over to raise or not to raise the US federal debt limit grows stranger by the day. The White House says the limit must be raised by...