Wednesday, April 08, 2009

Bernanke's Financial Rescue Plan: The growing prospect of a

Meanwhile--as Bernanke fiddles--the prospect of a US default grows more and more likely. Spreads on credit default swaps (CDS) have progressively widened with every new Fed program and every new multi-billion dollar bailout. Here's journalist Greg Ip in The Washington Post:

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4-15-2024

FIRST-EVER DIRECT ATTACK... 185 drones, 36 cruise missiles, 110 surface-to-surface missiles... '99% intercepted'... US, UK jets blas...