U.S. Default

The Road to Default: Puppy Power!

July 18, 2011 | Steven Sabol

Although Congress can technically dilly dally until August 2nd to come up with an agreement and raise the debt ceiling- markets have anticipated the inevitable. They haven't sat back and decided to wait till August 2nd to panic- they are already in "oh...
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The Road to Default: Deep DooDoo

July 16, 2011 | Steven Sabol

Okay so what is the situation at hand? Well the inevitable default of the United States of course.  The U.S. will default regardless of whether Congress raises the debt ceiling. You may be thinking the following: But how can he say such a thing? I...
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