Never Look Again!

Can Iceland, Latvia and Ukraine repay? [story] What do IMF defaults mean for the global recovery?  Will the euro withstand such news?

Senate Dems propose allowing gov’t to borrow additional $1.9T to pay its bills, increasing debt limit to $14.3T

Who will they borrow from?  The rate of return on T-bills versus inflation is negative.  Who’s going to buy?

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