US default

August 8, 2011
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...
August 2, 2011
 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...
July 29, 2011
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...
July 29, 2011
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...
July 26, 2011
Axel Merk60,725
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...
July 25, 2011
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...
July 15, 2011
  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...
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