A default by the United States government on its debt would be a major event with far-reaching consequences. The full impact of such a default is difficult to predict, but it would likely have a significant negative impact on the US economy and the global economy. Some of the potential consequences of a US debtContinue reading “What Happens if the United States of America Defaults on its Debts (aka Treasury Bills)”
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To guarantee or not guarantee
Each person guarantees the outstanding principal amount rather than a pro-rata or other determined fraction of the loan.
A grim possibility…
The United States of America is approaching a precipice predicted to arrive in mid-2023 — a possible default on US Obligations. “On December 16, 2021, lawmakers raised the debt limit by $2.5 trillion to a total of $31.4 trillion (Congressional Budget Office),” where the limit is currently set. As of this writing in early AprilContinue reading “A grim possibility…”
“The end we seek is a society at peace with itself, a society that can live with its conscience. And that will be a day not of the white man, not of the black man. That will be the day of man as man.” Thank you to Dr. Martin Luther King
And no stoppin’ on the dance floor
What’s the song reference?
Hey Federal Government!
Here is your job. Provide: 1) stability, 2) predictability, and 3) accountability Want to remain in office? There is your task list. Remember, the world is watching.
Stuff to monitor
Energy Information Intelligence
Truth or Not?
Discernment one’s basic ability to separate truth from untruth