The Terrifying Danger of the Trillion Dollar Coin
"The bottom line is that the Trillion Dollar Coin removes profit the financial system makes on the interest payments to holders of the Treasuries - this reduces the cost to government (and its citizens) for operations. It would be logical to think that the financial system oligarchy would oppose loss of this profit."
USDA declares drought disaster in much of Wheat Belt | Reuters
"The government declared much of the central and southern Wheat Belt a natural disaster area on Wednesday due to persistent drought that imperils this year's winter wheat harvest."
Geithner’s Treasury Tenure Defined by Financial Crisis - NYTimes.com
"Looking forward, Mr. Geithner has no plans. A regulator of Wall Street but not a creature of it, he will probab...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.