Tag Archive: debt ceiling

State of Our Economy – April 2011

Ok, so here it is … the month of April 2011. Pretty much more of the same. The biggest items that have me concerned at the price of oil and the value of the dollar. The Bad Standard & Poor lowered the long term debt rating of the United States from neutral to negative. This means our long term financial stability is unreliable. This could in turn lead to higher interest rates when the government borrows money. In other words, when the government issues bonds to raise money to pay…
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