First they slowly take the world to dangerous crisis levels, then blow through all past levels of debt, then they are going to tell us we now have a debt crisis to deal with that requires cuts and changes to be sustainable....
Read MoreCategory: Defaults
A $13 Trillion Debt Bill Comes Due for Big Economies
By Anchalee Worrachate 4 minutes The world’s biggest economies shouldering record debt burdens are about to confront an unwelcome legacy of the financial crisis: a $13 trillion debt bill. The Group of Seven nations plus key...
Read MoreDespite McConnell comment, states can’t go bankrupt, only default – Roll Call
Defaults, Bankruptcies coming soon… Remember they were already headed there any way, now they can try and deflect all the blame to corona. Sen. McConnell proposes a bankruptcy option that isn’t available to states....
Read MoreDefaults are coming… Argentines are flocking to buy black-market dollars as real interest rates sink below zero and fears mount of yet another chaotic sovereign debt default.
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