Posts Tagged ‘US’


How the US Federal Reserve Creates and Destroys Money

How the US Federal Reserve Creates and Destroys Money The last time I wrote about this topic (June 21, 2009), the federal debt was about $ 11.4 trillion. If you do the arithmetic, you will see that the US debt has increased about 270 percent in 11 years, and about 75 percent over the last [...]

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Fed chairman Ben Benanke says US debt 'clearly unsustainable'

Fed chairman Ben Benanke says US debt 'clearly unsustainable' Although historical experience and economic theory do not indicate the exact threshold at which the perceived risks associated with the US public debt would increase markedly, we can be sure that, without corrective action, our fiscal trajectory will … Read more on Toronto Star Saba's Weinstein [...]

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China's US debt holdings at 16-month low

China's US debt holdings at 16-month low However, Japan, the second-largest buyer of US Treasuries, saw hits holdings of the US securities rise to a record $ 1.039 trillion at the end of November. Britain, the third-largest holder of US debt, increased its holding by 4.4 percent to $ 429.4 … Read more on Middle [...]

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Latest DEBT US News

Comparing the US and Eurozone Debts The Eurozone as a whole, and the US both generate about 20% each to global GDP… So… If the Eurozone — which is at least addressing the matter, albeit too late — is getting downgraded, why isn't the Eurozone's kissin' cousin the US? The US debt is … Read [...]

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Supercommittee Failure to Rein In US Debt Threatens Global Recovery

Supercommittee Failure to Rein In US Debt Threatens Global Recovery November 18, 2011 Supercommittee Failure to Rein In US Debt Threatens Global Recovery Mil Arcega | Washington A so-called US Congressional "supercommittee" has less than one week before a deficit-cutting deadline on November 23. … Read more on Voice of America US stocks waver on [...]

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US Debt To GDP Hits 102% And Rising

US Debt To GDP Hits 102% And Rising As you can see the current run rate of debt growth the US will be running roughly $ 19 Trillion in debt by the time President Obama ends his first term and will be pushing $ 30 Trillion in debt by the end of his second term [...]

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US Stocks Decline As European Debt Headlines Put Investors On Retreat

US Stocks Decline As European Debt Headlines Put Investors On Retreat By Brendan Conway Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–US stocks fell Monday morning as investors reacted to another batch of mostly worrisome headlines in Europe's sovereign-debt crisis. After bouncing from small gains to losses after the … Read more on Wall Street [...]

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Kass Sees S&P 500 Gaining on Debt Crisis Plan, US Growth

Kass Sees S&P 500 Gaining on Debt Crisis Plan, US Growth US stocks advanced today as Prime Minister Silvio Berlusconi's offer to resign boosted optimism the nation will appoint a new leader who can tame the debt crisis. The S&P 500 advanced 1.2 percent to 1275.93 today. The money manager said in a Bloomberg … [...]

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GM CEO: Euro Debt Crisis Could Still Infect US

GM CEO: Euro Debt Crisis Could Still Infect US By Michael Kling The crisis might spread to exposed US banks, Akerson told reporters at a conference in Shanghai, according to The Wall Street Journal. The debt contagion, he said, may spread if American financial institutions are holding assets such … Read more on NewsMax.com Market [...]

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Soybeans, Corn Rise on European Debt Deal, US Economic Growth

Soybeans, Corn Rise on European Debt Deal, US Economic Growth By Jeff Wilson Oct. 27 (Bloomberg) — Soybeans and corn rose the most in more than two weeks as European leaders agreed to boost the region's rescue fund in a bid to stem the debt crisis, bolstering prospects for commodity demand. … Read more on [...]

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