Commentary by Michael Creel | March 26, 2008Is the United States going broke? Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for [...]
Read the full article →
Is America Going Broke?
by Michael Creel | March 26, 2008Is the United States going broke? Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for [...]