The United States (& the West) Will Default On Their Debts, One Way or Another
“Paper money eventually returns to its intrinsic value – zero.” (Voltaire, 1694-1778) The U.S. Treasury warned Thursday that a default on U.S. debt “would be...
Tag: U.S
US House unanimously votes to retroactively pay 800,000 furloughed workers
The Republican-led US House of Representatives unanimously voted to approve a bill which will see 800,000 workers furloughed during the ongoing partial government shutdown paid...
U.S. government paid $17 billion for weather-withered crops last year
Desiccated corn and sun-scorched soybeans have been in high supply lately — and we’re paying through the nose for them. The federal government forked out...