Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

» Go Russia
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeMon Jun 17, 2024 5:49 am by kenlej

» I am too pretty for math, but....
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeWed Jun 12, 2024 6:56 pm by Mission1st

» Interesting article
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeWed Jun 12, 2024 6:34 pm by Mission1st

» Phony Tony: New Platform, same old song and dance
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeWed Jun 12, 2024 6:32 pm by Mission1st

» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeTue Jun 11, 2024 12:26 pm by Mission1st

» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeMon Jun 10, 2024 1:04 pm by RamblerNash

» The Fundamentals of Finance and Pimpy Live
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeFri Jun 07, 2024 5:02 pm by Dorotnas

» Carnival Rides
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
INF to U.S. Raise The Debt Ceiling Quickly I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

INF to U.S. Raise The Debt Ceiling Quickly

3 posters

Go down

INF to U.S. Raise The Debt Ceiling Quickly Empty INF to U.S. Raise The Debt Ceiling Quickly

Post by CharlieBoy Mon Jul 25, 2011 2:08 pm

http://www.foxbusiness.com/markets/2011/07/25/imf-to-us-raise-debt-ceiling-quickly/?test=MM


The International Monetary Fund warned on Monday the United States must raise the debt ceiling quickly and get its debts under control for the sake of the global economy.

The IMF made the appeal as part of a review of U.S. economic prospects in which it concluded a slow-paced recovery can continue with some fiscal tightening but stressed that public debts were a concern.

``Directors (on the IMF board) highlighted the urgency of raising the federal debt ceiling and agreeing on the specifics of a comprehensive medium-term consolidation program,'' the IMF said as efforts continued between the Obama administration and lawmakers to craft some plan to avoid a potential U.S. debt default.

With an Aug. 2 deadline approaching, after which the United States may not be able to issue more debt, lawmakers have so far refused to compromise on a plan to raise the $14.3-trillion legal borrowing limit and come to grips with spending and tax issues.

The IMF said some action to get debts under control must start in fiscal 2012, which begins on Oct. 1, or the United States will face a disruptive loss of credibility.

``The strategy should include entitlement reforms, including additional savings in health care, as well as revenue increases, including by reducing tax expenditures,'' it said.

IMF staff said risks to the U.S. outlook were rising. Those include the possibility of a sudden increase in interest rates or a sovereign downgrade in U.S. debt -- basically a decision to rank the United States as less creditworthy -- if agreement to raise the debt ceiling and install a medium-term plan for debt reduction is not soon reached.

``These risks would also have significant global repercussions, given the central role of U.S. Treasury bonds in world financial markets,'' the IMF said.

While calling for a debt-reducing agreement, the global lender also cautioned that an ``excessively large upfront fiscal adjustment'' should be avoided because that would further dampen domestic demand and slow growth.

At best, it estimated only a soft expansion for the U.S. economy from 2012 onward, likely between 2-3/4 percent and 3 percent that would bring only moderate income gains and slow reduction in heightened unemployment rates.



Read more: http://www.foxbusiness.com/markets/2011/07/25/imf-to-us-raise-debt-ceiling-quickly/#ixzz1T8r3BHD2

CharlieBoy
New Member
New Member

Posts : 15
Join date : 2011-06-26

Back to top Go down

INF to U.S. Raise The Debt Ceiling Quickly Empty More lies re: The Aug 2nd Default

Post by tomb22 Mon Jul 25, 2011 2:59 pm

This quote from the article above demonstrates how "they" are all lying and playing "games" for their own purposes. It is not that we are going to "default" on August 2, but that we will not be able to issue more debt! The 2nd paragraph shows the "disruptive loss of credibility" will not start until Oct 1. So, for me, I am going to relax and when the children get through playing and/or lying, it will happen.

With an Aug. 2 deadline approaching, after which the United States may not be able to issue more debt, lawmakers have so far refused to compromise on a plan to raise the $14.3-trillion legal borrowing limit and come to grips with spending and tax issues.

The IMF said some action to get debts under control must start in fiscal 2012, which begins on Oct. 1, or the United States will face a disruptive loss of credibility.



tomb22
Forum Friend
Forum Friend

Posts : 130
Join date : 2011-07-08

Back to top Go down

INF to U.S. Raise The Debt Ceiling Quickly Empty Re: INF to U.S. Raise The Debt Ceiling Quickly

Post by marinemomcee Mon Jul 25, 2011 6:22 pm

[b]
Do you perhaps believe that the US has put out the Aug 2 date along so that the timing can match up with the RV of the dinar?
What other way can they explain coming in to so much money? Also, being able to spend it so quickly many American's will not realize....Where it came from....nor How some of the bills got paid. But, Obama will come out looking real good..IMO

marinemomcee
New Member
New Member

Posts : 21
Join date : 2011-06-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum