Mangabeira Unger relembra como passou a integrar o governo Lula, revelando a dificuldade de diálogo com o petista quando apontava a necessidade de gastar o próprio capital, e destaca a importância dos consórcios regionais para o desenvolvimento do país.
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The US National Debt
The national debt crisis is getting out-of-hand. Our expenses are way more than our earnings and the debt level increases each day. Read this article to learn more about the current financial crisis.
The United States Debt WallAccording to Marc Nuttle, the United States has less than 18 months before we hit the debt wall. When this happens, we will run out of liquid capital and go bankrupt.
It’s Over – We’ve Finally DefaultedIf reform is avoided or insufficient and if tax raises are unsuccessful or too devastating then the next worst response is a default on the debt. In this case we would be defaulting on the national debt. This means that we would simply declare that we could not repay the over $14t of debt we owe to the rest of the world.
Sovereign Debt and Brady BondsFor the past few months, Europe’s sovereign debt issue has been a regular fixture of the daily news. The problems are not just limited to Greece, they are affecting Spain, Portugal, Ireland and some others. However, it is the problems faced by Greece that seem unfixable.
The Debt Ceiling and the Consequences of a DefaultWe have all heard it probably too many times on the radio and the television, if congress doesn’t raise the debt ceiling, the United States is doomed (well at least the US dollar is). But is it really? I get asked this question a lot.