Viewing articles tagged ‘us debt crisis’

Oil Slides as the Debt Crisis Looms

by Dr. Kent Moors | published July 25th, 2011

Brace yourselves; this is shaping up to be a very rocky week.

Inside the Beltway, the children we call our “leaders” continue to hold their breath and throw temper tantrums in opposite corners.

While the gridlock continues, Asian and European markets are already sending clear signals that the combination of party games in Washington and continuing debt problems on the Continent is eroding asset value and confidence – and fast.

We are beginning to run out of time.

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