Regarding managing the federal debt, I suggest something similar to a bankruptcy reorganization where the creditors will be paid in full. For the purposes of this article I am painting with a broad brush what I believe can be a viable solution. The details need to be worked out. Also, there are variations of some ...
Managing Federal Deficits And The Federal Debt In A Flagging Economy: It Won't Be Painless
Matthew Campione, Forbes
Fri, 10/07/2011 - 2:35pm
BING NEWS:
- Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
"Once people do begin to lose their jobs, once the economy does begin to slow down, you already have a lot of distress," Torsten Slok told Bloomberg.
05/13/2024 - 6:18 am | View Link - What the rising US debt means for Americans
As the nation’s $34 trillion-plus debt remains top of mind for some on Capitol Hill, polling has shown Americans have also grown more concerned about the country’s balance sheet. Although ...
05/7/2024 - 11:00 pm | View Link - Top minds at Milken unveil what they're seeing under the surface of the US economy as the national debt burden rises to nauseating levels
Business leaders shared their latest economic predictions and said the US's debt burden is unsustainable at the Milken Institute Global Conference.
05/7/2024 - 10:01 pm | View Link - US Economy News Today: Americans Downshifted Their Credit Card Debt in March
Today, data will give insight into the state of consumers' credit and we look at the biggest economic stressors in U.S. households.
05/7/2024 - 9:23 am | View Link - Evil Twins: US Federal Budget Deficits and US Trade
The government’s inflationary borrow-and-spend policies have given Americans a false sense of prosperity. In the end, such policies are unsustainable.
05/7/2024 - 12:00 am | View Link - More
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