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The Government’s Emergencies Could Soon Be Yours

October 3, 2013 by Eugene Grygo

A Treasury Department report out today states that the potential credit default by the U.S. government could be “catastrophic,” resulting in frozen credit markets, a plummeting U.S. dollar, and “skyrocketing” U.S. interest rates. In sum, we could have the Great Recession II, making the debt-limit war between Congress and the White House your emergency too…. Read More >>

Filed Under: Minding the Gap Tagged With: Eugene Grygo, federal government, government shut down, Minding the Gap, U.S. economy

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