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Playing Politics with the Debt Ceiling

Politics / US Politics : Time: Swampland

For months, Wall Street has been warning Washington not to play politics with the debt ceiling – the economic ramifications are just too great. Today, we got a glimpse of the doom and gloom to come if the debt ceiling isn’t passed: ...

Obama Warns of Crisis Unless Debt Ceiling is Raised

Politics / US Politics : The Moderate Voice

Obama warns of crisis unless debt ceiling is raised (via AFP) President Barack Obama warned of a new economic crisis Monday and said global stock markets would go “haywire” unless Republicans in Congress agree to raise the US sovere...

DEBT CEILING: Fitch just issued yet another warning about debt ceiling talks threatening the US AAA. Nobody seems to...

Business & Finance : Business Insider: Money Game

DEBT CEILING: Fitch just issued yet another warning about debt ceiling talks threatening the US AAA. Nobody seems to be particularly concerned. Please follow Clusterstock on Twitter and Facebook. Join the conversation about this sto...

Michael Hudson: He Died for Our Debt, not Our Sins

Business & Finance / Economics : Naked Capitalism

Interview with Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College. His latest book is J is for Junk Economics. Cross-pos...

FITCH PRESENTS: 'The Single Biggest Near-Term Threat To A Global Economic Recovery'

Business & Finance : Business Insider: Clusterstock

The credit-ratings agency Fitch gave a dire warning this morning on the looming fiscal cliff, saying it's the "single biggest near-term threat to the global economic recovery." Fitch warned that if the spending cuts and tax increase...

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