Thursday, 14 November 2013 Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to the country’s parliament on Wednesday that would ban the use or possession of the American currency. Mikhail Degtyarev, the lawmaker… Read More ›
United States public debt
China openly tries to destablize U.S. bond market : Xinhua ” US Treasury bonds may no longer be safe investment.”
China welcomes US debt agreement, but Xinhua pours scorn on politicians But Xinhua commentary says the deal will only prolong the fuse of the ‘debt bomb’ and delay ‘bankruptcy’ of global confidence in America PUBLISHED : Thursday, 17 October, 2013,… Read More ›
‘The Chinese model is living on borrowed time’
Watch what China does with US debt, not what it says By Ambrose Evans-Pritchard Economics Last updated: October 15th, 2013 So much for the hot rhetoric from Beijing questioning the creditworthiness of US debt and consigning the US dollar… Read More ›
And you thought $16.7trillion was bad… Leading economist says U.S. national debt is actually $86.8TRILLION
By David Martosko In Washington PUBLISHED: 15:27 EST, 29 July 2013 | UPDATED: 15:56 EST, 29 July 2013 The U.S. government’s books are in the red by more than $86.8trillion, according to an influential University of California San Diego… Read More ›
National Deficit Outlook Unchanged Under Obama: UMD Policy Analysis: Fault on all sides, and a Failure to Act
For Immediate Release September 6, 2012 Contacts: Jennifer Talhelm, 301-405-4390 or jtalhelm@umd.edu Public Policy’s Philip Joyce Offers Election Policy Fact Check COLLEGE PARK, Md. – From a public policy point of view, the national debt accumulation since President Obama took… Read More ›