The Economist provides an interesting video of Robert Rubin, among a panel of finance and economics experts, participating in a simulation of what a US State financial default might look like. HT: Jeff Hummel
One day after the massive electoral rebellion across the U.S. against the mega-spending policies of Washington, President Barack Obama embarks on a ten-day trip to Asia with 3,000 people at a cost of $200 million per day alone in Mumbai, India: “The huge amount of around $200 million would be spent on security, stay…
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