May 4, 2011
in Timothy Geithner, US Treasury, US debt, USD, central banks, debt, financing, forecasts, money management, money supply, sovereign debt, special dates
The U.S. Treasury still expects it will hit its debt ceiling limit on May 16. This week, Congress continues to debate the terms of any potential increase in the debt ceiling, while Geithner has taken action to initiate emergency measures by Friday in order to maintain current government spending levels below the debt ceiling.
These emergency [...]
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January 17, 2011
in 2011, China, FOMC, Federal Reserve, US Treasury, US debt, US economy, credit, debt, foreign investment, government, indicators, inflation, market reports, money supply, news and updates, sovereign debt, world order, world reserve currency
This spring of 2011, United States Congress will vote on whether or not to raise the debt ceiling. What is the US debt ceiling? The debt ceiling refers to the total cap on U.S. borrowing through Treasury issuances of debt, in the form of bonds, to domestic and foreign holders.
If you think the U.S. is [...]
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August 19, 2010 · 3 comments
in DIY, bills, bonds, business, careers, cashflow, debt, distributions, diversification, dividends, earnings, employment income, financial planning, hedging, income, investing (general), lifehack, money management, passive income, paycheck, real estate, risk, self-employed, side income, wealth protection, wealthbuilding
It’s bad enough to initially depend on just one source of income, but it’s even worse to not invest it or diversify it such that you protect it over time. In other words, there is more than one way to diversify your income.
(1) You can diversify your sources of income so that you have, say, [...]
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May 3, 2010 · 7 comments
in Greece, US Treasury, US debt, US economy, USD, currencies, debt, deflation, depression, economy, europe, exchange rates, financial planning, forex, gold, hyperinflation, inflation, international economy, market trends, news and updates, risk, sovereign debt, survival, theories, wealth protection, wealth transfer, world order, world reserve currency
On April 27, 2010, Standard & Poor’s downgraded Greece’s credit rating to junk status – meaning that it is unlikely Greece can pay back its creditors, which means that it is not worth it for the hypothetical investor to invest in Greece.
The same day, the USD spiked and the Euro and other currencies fell a [...]
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Each month, the US Treasury holds a week-long auction of US notes and bonds to foreign investors and the Fed. In the past two years alone, there has been a record increase in monthly amounts of debt auctions from $18 billion to $44 billion a month. But this is still nothing compared to this week’s [...]
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According to news reported by Amanda Lang on BNN’s SqueezePlay yesterday, Barack Obama says there are more bank failures to come. (He’s speaking of US bank failures, of course…)
Kevin O’Leary also said that the US bank deleveraging is going to continue for the next 2-5 years. This means it’s going to take quite some time [...]
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Can anyone find any logical flaws with any of Schiff’s arguments? Not only is Schiff really smart, but his whole perspective and attitude seem really quite authentic and decent to me. I mean, he tells it like it is. That’s how Obama used to sound to me. But now I don’t know so much about [...]
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