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US Debt Downgrade

Trump already (notionally) cost $ 80 billion dollars to the US budget

Georges Ugeux | Posted 11.15.2016 | Politics
Georges Ugeux

I know it is not immediate, but for some reasons, nobody has spoken about the sharp increase in US interest rates of the US Treasuries. On November 8,...

De-crowning the Dollar

Michael Pento | Posted 01.23.2014 | Business
Michael Pento

The gradual erosion of the U.S. dollar's status as the world's reserve currency has been greatly hastened of late. This is due not only to the perpetual gridlock in D.C., but also our government's inability to articulate a strategy to deal with the reported $126 trillion of unfunded liabilities.

A Fair Shot, Not a Rigged Game

Rep. Louise Slaughter | Posted 03.26.2012 | Politics
Rep. Louise Slaughter

After a year of fighting against this type of failed leadership, I have decided that the only way to hold the Republicans accountable is to set up a formal system to call out their shenanigans.

The S&P and the EU: Timing Is Everything

Adam Levin | Posted 03.16.2012 | Business
Adam Levin

In keeping with a tradition firmly established in the 20th century, Europe suffered a late-night bombing raid on Friday evening.

The Silver Lining in the U.S. Debt Downgrade

Adam Levin | Posted 10.12.2011 | Politics
Adam Levin

There will be one lasting effect, and only one, of what happened in the last few days. The cycle of spending madness in Washington may well have been finally, and forever I think, broken.

Real Downgrade Is When China Dumps Their Treasury Holdings

Jeffrey Rubin | Posted 10.10.2011 | Business
Jeffrey Rubin

The loss of America's AAA credit rating brings us that much closer to the day when the People's Bank of China doesn't show up at the Treasury auction.

Riding Out the Stock Storm

Dr. Gregory Jantz, Ph.D. | Posted 10.09.2011 | Business
Dr. Gregory Jantz, Ph.D.

I don't know how long it's going to take to dig out from under this monetary mess. I do know I'm not going to give in to panic.

The Pot and the Kettle

Dr. Philip Neches | Posted 10.09.2011 | Business
Dr. Philip Neches

If the only factor in rating the U.S. national debt was the performance of Congress, we would deserve lower than junk bond status. The political polls agree.

Wow, What a Week!

Lydia Fisher | Posted 10.06.2011 | Business
Lydia Fisher

It remains to be seen how the markets will adjust to the S&P downgrade, whether our creditors will demand higher rates. For now, matters "across the pond" appear worse.

U.S. Credit Outlook Downgraded By S&P

Posted 06.18.2011 | Business

NEW YORK: Standard & Poor's on Monday downgraded its credit outlook for the United States, citing a risk that policymakers may not reach agreement on ...