***BREAKING*** S&P Officially Downgrades US Debt from AAA
Who knows. Interest rates may spike, but the economy will be shitty enough for years to come that it will be either insignificant, short-term, or both.
***BREAKING*** S&P Officially Downgrades US Debt from AAA
It's not even an argument of private vs government and who is better at creating jobs, it's that the government is the only entity capable of putting underutilized capital into the system, which is essentially personal and corporate savings which are sitting and doing nothing.
***BREAKING*** S&P Officially Downgrades US Debt from AAA
They can and do by going to war. Do you know how much money has been made by military contractors over the past decade? I don't, but I'm sure it's a lot