Posts tagged as:

debt default

If you’re in the U.S., you may be justified in blaming your banking industry (you definitely are), but just make sure that you know you’re talking specifically about U.S. banks.  Not all banks around the world screwed everyone over.
Let me remind you that banking cultures are very different around the world.  They don’t all set [...]

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This is the news in US debt catching our eye early this week following the passing of the health care reform bill late Sunday night: charts of yields on US Treasuries are showing a spike in short-term, two-year treasury yields – a spike that lifts them above the yields on corporate bonds for the same [...]

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