Debt ceiling crisis: Collapse will be worse than Great Depression

depressionYou can forget about any default in the debt ceiling crisis.  Former Assistant Treasury Secretary Dr. Paul Craig Roberts says, “The debt ceiling will be raised.  No government wants to lose its power or lose its ability to borrow.  So, Read the rest

The real crisis is not the US shutdown or ‘debt ceiling crisis’

By Paul Craig Roberts

The inability of the media and politicians to focus on the real issues never ceases to amaze.

The real crisis is not the “debt ceiling crisis.” The government shutdown is merely a result of the Republicans … Read the rest