Tag: defaulting
Is the United States at risk of defaulting on its debt as of June 1?
The United States has come a little closer to a potential default on its public debt, thus advancing towards the moment when the country will no longer be able to…
China’s time as the engine of the world economy may be over, estimates the chief economist – the Chinese are protesting and are already defaulting on mortgages
We are used to talking about China’s economy as a giant that just grows and grows, eventually eventually overtaking the United States in terms of economic size. It doesn’t seem…