Tag Archives: default

Crisis in Washington D.C. – Road to Economic Catastrophe!

July 28, 2011 – – The Doomsday Debt Ceiling: As the politics of increasing the U.S. debt ceiling, continue unabated in the Capital, one thing is sure; the public has had it with politics as usual. Either solve the problem … Continue reading

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U.S. Federal Government Debt Ceiling Crisis.

July 17, 2011 – – The U.S. Federal Government Debt Ceiling Crisis: It’s getting close to “crunch” time on the federal government debt ceiling. Tax receipts, up to the August 2nd cutoff, total about $172B (Billion). Spending totals $307B, leaving a “hole” … Continue reading

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Greece Moves Closer to Default

Today, the Greek two year yield was 29.7%. The yield is soaring across the yield curve, with many prices only 50 cents on the Euro. If you would have purchased Greek debt when it was issued, on many of these … Continue reading

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