US Government debt has already surpassed the legislated debt ceiling of $31.4 trillion, with the Treasury relying on “extraordinary measures” to stave off default. Janet Jellen, US Secretary of the Treasury, stated that a default could happen as soon as early June, at which time the Government could run out of cash to fund day-to-day … Continue reading "US Government Default?! By Les Nemethy, CEO, Euro-Phoenix M&A Advisors, former World Banker" The post US Government Default?! <b>By Les...
