Uncertainty Surges Over Debt Ceiling; All Assets Sold

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  How the US Debt Ceiling Battle Can Impact Your Finances

  The US debt ceiling is a critical issue for Americans, and it can have a direct impact on their finances. With the current US debt ceiling battle making headlines, it’s important to understand the implications of this battle and what it means for your money. In this blog post, we’ll explore the US debt ceiling battle, its potential effects on the economy and individuals, and what steps you can take to protect your finances. Understanding the Debt Ceiling Battle The US debt ceiling battle is a political issue between the…

  January 20, 2023

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  The Possible Economic Consequences Across Different Debt Limit Situations

  New analyses by both the Congressional Budget Office and the U.S. Department of the Treasury suggest the United States is rapidly approaching the date at which the government can no longer pay its bills, also known as the “X-date.” History is clear that even getting close to a breach of the U.S. debt ceiling could cause significant disruptions to financial markets that would damage the economic conditions faced by households and businesses. Real time data, shown below, indicate that markets are already pricing in political brinkmanship related to Federal government…

  May 24, 2023

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• Economy

  3 Ways the Debt Ceiling Could Impact Your Wallet

  With the recent increase in the debt ceiling, many Americans are left wondering how it might affect their wallet. While the decision to raise the debt limit does not have an immediate effect on your finances, it could have long-term implications that everyone should be aware of. In this blog post, we’ll discuss three ways the debt ceiling could impact your wallet, and what you can do to prepare. We will also go over some of the potential effects on our economy as a whole if action is not taken…

  February 2, 2023

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• Gold & Silver

  Two Key Factors: Understanding the Impact of Banking Failures and Debt Ceiling Debates on Gold Prices

  Let’s explore the intriguing relationship between banking failures, the debt ceiling debate, and their potential effects on the price of gold. As an economist and gold expert, I will provide insights into how these two significant factors may influence the price of this traditionally safe-haven asset amidst economic uncertainties. Gold prices have remained relatively stable following the recent compromise on the debt ceiling. However, their future trajectory could be significantly influenced by the actions taken by the Federal Reserve. These actions could range from interest rate adjustments to changes in…

  June 23, 2023

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• Economy

  Will the debit limit ceiling crisis to affect my 401(k), Social Security, and Medicare?

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  February 3, 2023

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• Economy

  Navigating the Storm: What the US Debt-Ceiling Battle Means for Your Money

  The United States government has been facing a constant battle over the debt ceiling for many years now. The debt ceiling is a limit that Congress sets on the amount of money that the government can borrow. When the government needs to spend more than it receives in revenue, it borrows money by issuing Treasury securities. However, once the debt reaches the limit set by Congress, the government can no longer borrow money and must either reduce its spending or default on its debts. This battle over the debt ceiling…

  February 21, 2023

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• Economy

  Navigating the Approaching Debt Ceiling: Strategies for Avoiding Default and Preventing a Financial Crisis

  The United States has been facing a significant debt crisis in recent years, with the national debt approaching $31.4 trillion as of Jan 2023. One of the most pressing issues in this crisis is the approaching debt ceiling, which is the limit on the amount of debt the government can incur. The debt ceiling has been a contentious issue for decades, with lawmakers frequently raising it to avoid defaulting on the country’s debt. However, with the debt ceiling fast approaching, it is crucial that steps are taken to avoid defaulting…

  January 23, 2023

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• Economy

  President Biden and House Speaker McCarthy Start Debt-Ceiling Talks to Prevent Default

  President Joe Biden and House Speaker Kevin McCarthy have begun discussions on the debt ceiling, a crucial issue that could have significant consequences for the U.S. economy if not addressed. The debt ceiling is a legislative limit on the amount of money the U.S. government can borrow to finance its operations, and it must be increased periodically to avoid a default, which would have serious consequences for the country’s financial stability. President Biden and Speaker McCarthy have come together to negotiate an agreement on the debt ceiling, which has become…

  February 1, 2023

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• Economy

  Investor Pessimism Grows Without a Debt Ceiling Deal, Boosting Volatility

  Equities are down for the third consecutive day as investors grow increasingly worried about continued brinkmanship in Washington over raising the debt ceiling. With just eight short days until the June 1 deadline recognized by Secretary of the Treasury Janet Yellen as the point at which the U.S. would default on debt, meaningful progress on reaching a deal has been hard to come by for negotiations. While leaders from both parties have at times attempted to strike a positive tone by calling talks productive and effective, an actual agreement that…

  May 24, 2023

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• Economy

  The Debt Ceiling Battle and Its Economic Impact: Tracing the Origins of the Crisis

  Introduction With the U.S. government facing yet another debt ceiling battle, the economic impact of this recurring crisis is once again in the spotlight. But what exactly is the debt ceiling, and why does it matter? In this blog post, we’ll take a deep dive into the origins of the debt ceiling and explore important questions such as how much interest is paid on our national debt, who owns it, and what would happen if we defaulted on it. So buckle up for a fascinating exploration of one of America’s…

  April 21, 2023

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