Tag Archives: Mexico Bailout

Plan B: President Clinton’s 1995 Mexico Bailout

It’s hard to fathom that the U.S. will default on its debt, but in the event Congress can’t come to an agreement to raise the debt ceiling, we have little doubt President Obama will circumvent Congress and invoke Section 4 … Continue reading

Posted in Black Swan Watch, Fiscal Policy, Politics, Sovereign Debt, Sovereign Risk | Tagged , , , | 2 Comments