An unsustainable fiscal path and “every state in America is now a border state, absolute insanity.”
Tag: Unfunded Liabilities
Annual Interest Due on U.S. Sovereign Debt Surges Above $1 Trillion
Payments on the national debt doubled in the last 19 months and many Treasury bonds are slated to be refinanced at higher interest rates.
Yellen Pleads to Obliterate a U.S. Debt Ceiling Mandate – Part 2
We are watching a political monetary and fiscal policy horror show that is much worse than a decade ago following the Great Financial Crisis.
Refinance U.S. Debt and Back a Domestic Dollar With a Percentage of Gold
Refinance U.S. Debt and Back a Domestic Dollar With a Percentage of Gold - If the POTUS makes a deal with creditors, it must have minimal impact on credibility, credit rating, and not reported as sovereign debt default.
Pension Funds Unable to Save New York City from Bankruptcy Again
Pension Funds Unable to Save New York City from Bankruptcy Again - A Big Apple bail out fantasy will be met with a 1975 President Ford style fuggetaboutit.







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