Thursday, April 14, 2011

Burning The Candle At Both Ends: Raising the Debt Ceiling, and Extending QE-2 Indefinitely

This coming May 16, the U.S. Federal government debt ceiling will be breached; that is, the national credit card—currently topped at $14,294,000,000,000—will be maxed out. (Yeah, I know: It’s one thing to read “$14 trillionâ€