Monthly Archive:: August 2011

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Ramifications of a U.S. Debt Downgrade

The U.S. debt downgrade is really more than a tiny one notch cut in the credit worthiness of the U.S.  One talking head on television said yesterday that there was never any question that the U.S. would repay its debt because

Brace for Impact

By Greg Hunter’s USAWatchdog.com  “Brace for Impact.”  I have thought about this economic collapse title for months.  I held onto it and figured I would know when the right time was to put it out there.  Today is the day.  Watching mainstream

Weekly News Wrap-Up 8/5/11

By Greg Hunter’s USAWatchdog.com The big drop in the Dow is the result of a global solvency crisis.  The U.S. is spending money by the trillions,  and Europe is headed for a crash touched off by Italian debt.  The economy is

Global Stock Sell-Off!!!

Greg Hunter’s USAWatchdog.com  Today’s 500 plus point sell-off is pretty self-explanatory against a world-wide rout in stocks.  The world is deeply in debt, and there is no quick fix.  Europe and America are slowing down and taking the rest of the

Deficit Will Grow While Economy Shrinks

Greg Hunter’s USAWatchdog.com I appreciate what the Tea Party and folks like Congressman Paul Ryan are trying to do.  Mr. Ryan, who is the House Budget Committee Chairman, said when the debt deal passed, “This is a down payment on the

Phony Deadline, Bogus Debt Limit Deal

By Greg Hunter’s USAWatchdog.com  Today, the President signed into law a $2.4 trillion debt ceiling increase contained in a so-called deficit reduction bill.  This was done under the threat of defaulting on the debt of America, if a deal was not

A Deal Everybody Hates

By Greg Hunter’s USAWatchdog.com  Everybody is thinking the debt ceiling deal is a done deal.  To that I say, not so fast.  First of all, this is a deal everybody hates including the President.  That doesn’t mean he won’t sign the legislation