Home › Forums › Financial Markets/Economics › Day of reckoning looms for the U.S. dollar
- This topic has 265 replies, 14 voices, and was last updated 16 years, 6 months ago by
Nor-LA-SD-guy.
-
AuthorPosts
-
May 27, 2009 at 7:13 AM #406851May 27, 2009 at 9:32 AM #406211
nostradamus
ParticipantLOL well if you liked Jesse Ventura in Running Man then you’ll love Rowdy Roddy Piper in They Live. Talk about Hollywood accurately depicting our time, check out what he sees when he puts on the glasses! Awesome!
May 27, 2009 at 9:32 AM #406454ParticipantLOL well if you liked Jesse Ventura in Running Man then you’ll love Rowdy Roddy Piper in They Live. Talk about Hollywood accurately depicting our time, check out what he sees when he puts on the glasses! Awesome!
May 27, 2009 at 9:32 AM #406698ParticipantLOL well if you liked Jesse Ventura in Running Man then you’ll love Rowdy Roddy Piper in They Live. Talk about Hollywood accurately depicting our time, check out what he sees when he puts on the glasses! Awesome!
May 27, 2009 at 9:32 AM #406760ParticipantLOL well if you liked Jesse Ventura in Running Man then you’ll love Rowdy Roddy Piper in They Live. Talk about Hollywood accurately depicting our time, check out what he sees when he puts on the glasses! Awesome!
May 27, 2009 at 9:32 AM #406906ParticipantLOL well if you liked Jesse Ventura in Running Man then you’ll love Rowdy Roddy Piper in They Live. Talk about Hollywood accurately depicting our time, check out what he sees when he puts on the glasses! Awesome!
May 27, 2009 at 12:04 PM #406271
CoronitaParticipant[quote]
“Garnering attention is the risk the United States could lose its triple-A sovereign credit rating, which reflects the chance of the borrower defaulting on its debt.”
[/quote]Well, apparently, not losing the AAA rating…..yet….
Moody’s: US government’s ‘Aaa’ rating is stable
Moody’s says US government’s ‘Aaa’ rating is stable despite country’s growing debtMay 27, 2009 at 12:04 PM #406514CoronitaParticipant[quote]
“Garnering attention is the risk the United States could lose its triple-A sovereign credit rating, which reflects the chance of the borrower defaulting on its debt.”
[/quote]Well, apparently, not losing the AAA rating…..yet….
Moody’s: US government’s ‘Aaa’ rating is stable
Moody’s says US government’s ‘Aaa’ rating is stable despite country’s growing debtMay 27, 2009 at 12:04 PM #406757CoronitaParticipant[quote]
“Garnering attention is the risk the United States could lose its triple-A sovereign credit rating, which reflects the chance of the borrower defaulting on its debt.”
[/quote]Well, apparently, not losing the AAA rating…..yet….
Moody’s: US government’s ‘Aaa’ rating is stable
Moody’s says US government’s ‘Aaa’ rating is stable despite country’s growing debtMay 27, 2009 at 12:04 PM #406819CoronitaParticipant[quote]
“Garnering attention is the risk the United States could lose its triple-A sovereign credit rating, which reflects the chance of the borrower defaulting on its debt.”
[/quote]Well, apparently, not losing the AAA rating…..yet….
Moody’s: US government’s ‘Aaa’ rating is stable
Moody’s says US government’s ‘Aaa’ rating is stable despite country’s growing debtMay 27, 2009 at 12:04 PM #406966CoronitaParticipant[quote]
“Garnering attention is the risk the United States could lose its triple-A sovereign credit rating, which reflects the chance of the borrower defaulting on its debt.”
[/quote]Well, apparently, not losing the AAA rating…..yet….
Moody’s: US government’s ‘Aaa’ rating is stable
Moody’s says US government’s ‘Aaa’ rating is stable despite country’s growing debtMay 27, 2009 at 12:16 PM #406281Arraya
ParticipantThis does not help.
http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-down_N.htm
Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. “It illustrates how severe the recession has been.”For example, 6 million people lost jobs in the 12 months ended in April — and that means far fewer dollars from income taxes. Income tax revenue dropped 44% from a year ago.
“These are staggering numbers,” Lynch says.
Big revenue losses mean that the U.S. budget deficit may be larger than predicted this year and in future years.
May 27, 2009 at 12:16 PM #406524ParticipantThis does not help.
http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-down_N.htm
Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. “It illustrates how severe the recession has been.”For example, 6 million people lost jobs in the 12 months ended in April — and that means far fewer dollars from income taxes. Income tax revenue dropped 44% from a year ago.
“These are staggering numbers,” Lynch says.
Big revenue losses mean that the U.S. budget deficit may be larger than predicted this year and in future years.
May 27, 2009 at 12:16 PM #406767ParticipantThis does not help.
http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-down_N.htm
Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. “It illustrates how severe the recession has been.”For example, 6 million people lost jobs in the 12 months ended in April — and that means far fewer dollars from income taxes. Income tax revenue dropped 44% from a year ago.
“These are staggering numbers,” Lynch says.
Big revenue losses mean that the U.S. budget deficit may be larger than predicted this year and in future years.
May 27, 2009 at 12:16 PM #406829ParticipantThis does not help.
http://www.usatoday.com/money/perfi/taxes/2009-05-26-irs-tax-revenue-down_N.htm
Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. “It illustrates how severe the recession has been.”For example, 6 million people lost jobs in the 12 months ended in April — and that means far fewer dollars from income taxes. Income tax revenue dropped 44% from a year ago.
“These are staggering numbers,” Lynch says.
Big revenue losses mean that the U.S. budget deficit may be larger than predicted this year and in future years.
-
AuthorPosts
- You must be logged in to reply to this topic.
