Instead of letting the dead die in peace…the feds are pumping financial adrenaline into their veins…turning them into zombies.
March 2nd, 2010 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "bondholders"
China Using Holdings of U.S. Treasury Bonds as Cudgel to Bludgeon United States
Figures in the People’s Liberation Army want the financiers to sell U.S. bonds as a way of punishing Washington for selling arms to Taiwan. Mind you this might not seem like such a good idea if the bond selling triggers a run on the dollar and swift devaluation in China’s forex reserves. But maybe China’s arsenal of U.S. bonds is a like a pile of bullets – they’re no good unless you fire them.
February 11th, 2010 | Dan Denning | 26 comments | Continued
US Has Highest Unemployment Rate of All Major Economies
You give them more money, say, in unemployment assistance. Or, you give them a tax credit when they buy a new house. Or, you give companies a big tax break.
November 17th, 2009 | Bill Bonner | 3 comments | Continued
