By Tyler Durden No surprises here: those who have warned for the past 15 years that the relentless increase in China’s debt to new record…
By Mike Gleason As debt downgrade concerns push up bond yields, metals markets are facing selling pressure. Credit ratings agency Fitch this week issued a…
By Peter C. Earle US Treasury debt, the global benchmark for nominally “risk-free” securities, was downgraded for the second time in history late Tuesday. Fitch…
By Tyler Durden Gold has long been considered a store of value and a hedge against economic uncertainty. Over the past five decades, its price…
By Chris Melore What would you do to be completely debt-free? A new survey finds Americans would give up social media for a year (32%),…
By Simon Black, Sovereign Man Well, that didn’t take long. From the time the US government managed to sign the debt ceiling resolution, it took…
By Brendan Brown The real drama of default in global markets has not been the federal debt ceiling negotiations in Washington but the write-off by…
By Dave DeCamp The debt ceiling agreement reached between the White House and House Republicans places no constraints on spending on the war in Ukraine,…
By Clint Siegner Fiscal hawks weren’t optimistic when Kevin McCarthy was elected Speaker of the U.S. House. The California Republican’s track record was dismal when…
By Ryan McMaken Negotiations over increasing the federal debt ceiling continue in Washington. As has occurred several times over the past twenty years, Republicans and…
By Stefan Gleason President Joe Biden will meet with House Speaker Kevin McCarthy on Monday to hold high-stakes talks on the still-unresolved debt ceiling standoff….
By John W. Whitehead and Nisha Whitehead “There is no more dangerous menace to civilization than a government of incompetent, corrupt, or vile men.” —…
By Laura Williams If you buy anything at all online these days, you might have noticed the sudden influx of “flexible financing” options. Everything from…
By Stefan Gleason On Sunday, U.S. Treasury Secretary Janet Yellen warned that “financial and economic chaos will ensue” if the U.S. government’s borrowing limit isn’t…