Not sure why I haven’t seen anything close to this article yet. Right on the money! Forget About Black Swans, the One Floating Ahead is Neon – WSJ.com. You’ve heard of black swans—events that are unthinkably rare, immensely important, and as unpredictable in advance as they are inevitable in hindsight. Now, with no one ruling out a default or downgrade of U.S.... Read more
Archive for the ‘US Debt’ Category
Forget About Black Swans, the One Floating Ahead is Neon
July 23 | Posted by mrossol | Debt, Economics, US Debt
The most important point in market history
June 29 | Posted by mrossol | Economics, US Debtvia The most important point in market history Todd Harrison – MarketWatch. Article is just an opinion, but one more in the camp of caution and nervousness. === NEW YORK (MarketWatch) — I would like to start today’s vibe by making a statement: I want to be bullish in here. But I will follow that with an old-school axiom: Hope is not a viable... Read more
Don’t play politics with debt limit
June 15 | Posted by mrossol | Economics, US DebtBernanke: Don’t play politics with debt limit – MarketWatch. The FED isn’t the cause of all US problems, but Bernanke is not doing near what he might to help.
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Obama and the Debt Crisis
June 3 | Posted by mrossol | Obama, US DebtObama and the Debt Crisis – Noonan. Well…? =========== The debate in Washington is serious as a heart attack: whether the United States should raise its debt ceiling so it can borrow more money to stay afloat. The statutory ceiling on our national debt—our legal borrowing limit—is $14.3 trillion. That limit was reached, according to the Treasury Department, on May 16. Treasury says it can make do... Read more
Wake Up, Republicans!
May 26 | Posted by mrossol | American Thought, Party Politics, US DebtHenninger: The Building Blocks of a GOP Agenda – WSJ.com. Almost hard to believe that a few Republicans actually “Get it.” ========= The “smart money” says Barack Obama is cruising to re-election because of Republican disarray. Pick up a paper, visit a blog, turn on the TV or radio, and reports of Republican misadventure will engulf you: Mitch Daniels just said no.... Read more
