Tag: debt ceiling

American Dollar Getting Ditched by IMF

american dollar

America’s debt crisis is causing the International Monetary Foundation (IMF) to contemplate replacing the United States dollar as the world’s reserve currency. More than the IMF is calling for a change in the global economy. China is also in

Congress and The Debt Deal Destroying America’s Economy

Congress finally did it. The debt ceiling has been raised for the 74th time in United States history. Requiring compromise from the Democrats and Republicans this process has been hard. Now what will happen to the economy?