US Debt Archive

ECB’s Stark: US Has an ‘Enormous’ Debt Problem

So much for Jeurgen’s legacy: US Has an ‘Enormous’ Debt Problem: ECB Official September 1 (CNBC) — A debt crisis is still gripping the developed world, European Central Bank policymaker Juergen Stark said, adding there was no alternative but for countries to take painful steps to consolidate their public finances. “The crisis ...Read More

WSJ- The World Won’t Buy Unlimited US Debt

[Skip to the end] The World Won’t Buy Unlimited US Debt by Peter Schiff Jan 23 (Wall Street Journal) — Barack Obama has spoken often of sacrifice. And as recently as a week ago, he said that to stave off the deepening recession Americans should be prepared to face “trillion dollar deficits ...Read More