European Debt Yields Indicate Fear

  Across the European continent debt yields on existing debt are rising and indicate a growing level of fear about their nagging debt crisis.  Specifically, last week yields rose in Portugal, Italy,  Ireland, Greece and Spain – alias, the P.I.I.G.S....

Overview of the U.S. Debt Crisis

  Both Moody’s and Standard & Poors stated yesterday that they are prepared to downgrade the United States’ vaunted AAA credit rating if the country’s borrowing limit is not raised by Congress past its $14.29 trillion threshold.  I consider...