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No, Sovereign Currency Nations Don’t Go Bankrupt
National debt continue to dominate economic and political talk. This week Moody’s bond rating agency downrated Japan’s national government debt. The Serious People and Talking TV Heads will be full of...
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U.S. Government Debt Downgraded by S&P. What a Farce. And Non-Issue.
Yesterday after the U.S. markets closed, Standard & Poor’s downgraded their credit rating on U.S. government bonds. Previously, the U.S. government had enjoyed for over 70 years the highest...
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