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Biden Claims He’s ‘Blameless’ If America Defaults on Debt: ‘I’ve Done My Part’

May 21, 2023 - 10:34 am by Frank Bergman

Democrat President Joe Biden has declared that he would be “blameless” in the catastrophic event that the United States defaults on the national debt.

Categories Economy, News Tags Biden, Debt Ceiling, Default, Economy, National Debt 17 Comments

Janet Yellen Warns Catastrophic Default Will Trigger ‘Unprecedented Economic and Financial Storm’

May 17, 2023 - 7:11 am by David Lindfield

Democrat President Joe Biden’s Treasury Department Secretary Janet Yellen has warned that “time is running out” for America to avoid a catastrophic default on the national debt.

Categories Economy, News Tags Debt Ceiling, Default, Economy, Janet Yellen, National Debt 8 Comments

Biden’s Top Economic Advisor Admits Biggest Fear Among U.S Business Leaders Is ‘Catastrophic’ Debt Default

May 15, 2023 - 8:24 pm by Nick R. Hamilton

One of President Joe Biden’s top economic advisors has admitted that American business leaders are becoming increasingly fearful that the federal government will default on the U.S. national debt. 

Categories Economy, News Tags Biden, Business, Debt Ceiling, Default, Economy, Lael Brainard, National Debt, News 5 Comments

Kremlin Accuses U.S of Waging ‘Economic War’ as Fitch Warns of ‘Imminent’ Russian Debt Default

March 9, 2022 - 12:17 pmMarch 9, 2022 - 10:51 am by Nick R. Hamilton

Russia has accused the United States of waging “economic war” in response to Vladimir Putin’s invasion of Ukraine.

Categories Economy Tags Business, Default, Economy, Fitch Rating, News, Russia 3 Comments

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