Goldman Sachs, Yellen Warn of US Default’s ‘Catastrophic Consequences’ — ‘There Is Real Risk to US Dollar’
A Goldman Sachs government who additionally serves because the chair of a Treasury advisory committee has warned {that a} U.S. default poses “real risk to...
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
The high Democrat on the House Intelligence Committee has warned that China and Russia would search to take advantage of the chaos ensuing from a...
Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’
Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” financial penalties if the U.S. defaults on its debt obligations. “No one should...
Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations
Geoff Kendrick, the pinnacle of foreign exchange analysis on the banking establishment Standard Chartered, lately mentioned that the worth of bitcoin is more likely to...
Analysts Consider US National Security Policy a Pretext to Establish Trade Sanctions Against Other Countries
International analysts have known as out the supposed use of the nationwide safety coverage of the U.S. as a device to justify the institution of...
Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1
U.S. Treasury Secretary Janet Yellen has warned that the Treasury won’t be able to pay the entire authorities’s debt “as early as June 1, if...
Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, however Warns of National Debt Default
Amid the collapse of the second, third, and fourth largest banks in American historical past, U.S. president Joe Biden reassured the general public that the...
Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
There has been plenty of commentary regarding the U.S. elevating its debt restrict, as Treasury secretary Janet Yellen stated final month {that a} U.S. default...
Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week in Review
Bitcoin proponents eyeing fiat failures are in no scarcity of reports on the subject as of late, as a number of officers, economists, authors, and...
Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance
According to U.S. Treasury Secretary Janet Yellen, the United States authorities is ready to take the steps crucial to make sure its monetary system stays...