Showing posts with label US debt ceiling. Show all posts
Showing posts with label US debt ceiling. Show all posts
Monday, October 21, 2013

Phisix: US Debt Ceiling Deal and UNTaper Spurs a Global Melt UP

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Melt Up! Melt UP! Suddenly stock markets metastasize into a frenetic melt-up mode. In the US, the S&P 500, the S&P 400 ...
Friday, October 18, 2013

Quote of the Day: There is now No Limit in government borrowing

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Last night, after more than two weeks of utterly embarrassing theater, the government in the Land of the Free inked a deal to kick the can...
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Thursday, October 17, 2013

US Politics: Despite the all the Theatrics the GOP Sells out, Debt Ceiling Raised

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Today's US debt ceiling drama reminds me of a favorite Filipino proverb by my best friend and foreign client “Pagkahaba-haba man daw n...
Wednesday, October 16, 2013

A History of US Debt Defaults

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Many mainstream pundits have been saying that the US hasn’t ever defaulted. This hardly represents the accurate picture of reality. Aus...
Sunday, October 13, 2013

Shutdown-Debt Ceiling Politics: The Charles Schumer Put

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Step aside Alan Greenspan and Ben Bernanke. New York Senator Charles Ellis ‘Chuck’ Schumer has declared that the preservation of stock mark...
Saturday, October 12, 2013

Shutdown Politics: Defying Yorktown’s National Park Service

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Bureaucrats use the recent government shutdown to send a message to Washington, particularly the Republicans, instead, they got a pushback ...

Why a US debt default extrapolates to the END of the US dollar hegemony

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I previously pointed out from the public choice perspective why a debt default today by the US government is unlikely and has mostly likel...