US Default

Debt Default 'A Pure Act Of Idiocy'

CP | Josh Funk, The Associated Press | Posted 01.23.2014 | Canada Business

OMAHA, Neb. - Billionaire Warren Buffett said Wednesday it would be idiocy for the nation's leaders to allow the United States to default on its bills...

Debt Ceiling On Twitter: Moving To Canada And Our Favourite Tweets

The Huffington Post Canada | Posted 09.26.2011 | Canada Business

Now that Washington is on the brink — with looming debt ceiling deadlines sending the Canadian dollar soaring, negotiations that start then falter, ...

Rachel Mendleson

Six Ways A U.S. Default Would Impact Canadians

HuffingtonPost.com | Rachel Mendleson | Posted 09.26.2011 | Canada Business

If Americans are experiencing feelings of helplessness over the political wrangling that is keeping Washington from raising its debt ceiling in the fa...

United States of 'Nutters': Anger At US Grows Over Debt Ceiling

The Huffington Post Canada | Daniel Tencer | Posted 09.24.2011 | Canada Business

As the deadline for Washington to raise its debt ceiling grows closer and negotiations remain as far apart as they have ever been, a slowly growing ti...

US Treasury Secretary: 'Unthinkable' US Would Default On Debt

The Canadian Press | The Associated Press | Posted 09.23.2011 | Canada Business

WASHINGTON - Treasury Secretary Timothy Geithner (GYT'-nur) says congressional leaders are putting together a framework for raising the nation's debt limit with a goal of announcing a deal before Asian markets open Sunday afternoon.

US officials worry that a lack of significant progress on the debt ceiling and other debt issues would roil worldwide markets when they open for business.