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Posts Tagged ‘defaulting on debt’

Has Uncle Sam Ever Defaulted Before?

Posted by Larry Doyle on October 12th, 2013 9:10 AM |

The thought of Uncle Sam defaulting on his obligations is virtually unfathomable.

I think we can accept as common knowledge that the crowd in Washington is not all that intelligent, especially when it comes to markets, but could they be so stupid as to risk defaulting on our debts?

Why do I sense that many readers paused when thinking about that question?

That fact alone strikes me as an indication of how far we have declined in terms of fiscal prudence and integrity in our nation. But this begs the question, have we ever defaulted on our debts before?¬† (more…)

Why Are Interest Rates Headed Higher? “There’s a Whole New Risk Factor”

Posted by Larry Doyle on January 21st, 2011 7:19 AM |

With 2011 just barely out of the starting block, there are a lot of developments across our global economic landscape. What do I see? Long term interest rates are flashing warning signs. How so?

Many reasons domestically and internationally, but especially the following: (more…)

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