Actually, the US can cancel or default on a part of it's debt, without any problems, no interest rate problems, no foreign exchange problems, no problems of any kind. Every country on the planet can...
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Actually, the US can cancel or default on a part of it's debt, without any problems, no interest rate problems, no foreign exchange problems, no problems of any kind. Every country on the planet can...
Think about it, the nations of the world are now running fiat currencies, un-backed by gold or anything else. As a result of the 'financial crisis' the US, EU, China UK etc all had to go into some...
"I will tell you a little thing, only don't get angry..."
Finance at the national and international level is completely different than at the personal level. Various politicians and economists...
Look what has happened Canada: .Toronto G-20: Denying Civil Rights is a Crime
.Thousands of G-20 Detentions Illegal: Ontario Ombudsman
.Report from the G20
.These type of events are happening more...
It has nothing to do with the past, the USSR. It has to do with right now.
Every ongoing productive economy requires money to be spent on maintenance, repairs, replacements, upgrades, etc. ...
"44 million Americans on foodstamps". http://www.bloomberg.com/news/2011-07-21/consumers-in-u-s-relying-on-credit-as-inflation-erodes-incomes.html. "It’s A Cash-Flow Problem": The Ever Broker US...
This is not what Hudson and Sommers recommend. You have to know what denomination of national/public debts in foreign currency means to your economy, in order to see what he actually recommends. ...
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.The Spectre Haunting Europe: Debt Defaults, Austerity, and Death of the 鉄ocial Europe Model
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I see the link does not allow everyone who wants to read the article, access not allowed. Here is a different article link. .World Economic Crisis: Latvia痴 Neoliberal Madness
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.Picture is not...
What is happening in Latvia?
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Neoliberalism, the development of underdevelopment, and the Latvian disease | Bersizns | Spectrum Journal of Global Studies
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