Jesse's Café Américain

"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44

Showing posts with label debt default. Show all posts
Showing posts with label debt default. Show all posts
02 November 2011

FOMC November Statement - G20 and Greek Debt - Bernanke at 2:15 - NFP Friday

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"Everybody was expecting Tim Geithner and Bob Rubin, who's pulling the strings behind the scenes in the Obama Administration, to ...
08 June 2011

European Credit Agency Downgrades US Credit Rating from AAA to AA

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Here is my rough translation of the original Feri stuft die Bonität der USA herab . "Man muss manchmal in den sauren Apfel beißen....
15 July 2010

The Problem of Unresolved Debt in the US Financial System

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Michael David White has painted some dire pictures of the US housing market, but this one is shocking in its implications. Chart from A Blis...
30 March 2010

Fitch Downgrades Illinois and Warns of Further Actions as Budget Gap Widens

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Illinois is financially the fifth largest US state with a 2008 GDP of approximately $633 Billion. To put this in perspective, the 2008 GDP f...
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