Scott S. Powell

The Archive

How US debt risks dollar doomsday

The US dollar is getting perilously close to losing its status as the world’s reserve currency. Should it cross the line, the 2008 financial crisis could look like a summer...

Real steps to boost jobs

President Obama’s “jobs” speech failed to deliver truly new ideas, just a rehash of old ones -- temporary, targeted tax cuts plus nearly half a trillion dollars in new stimulus...

The road to a US insolvency crisis

Today's auction of 10- and 30-year US Treasury notes and bonds won't tell us as much about the US economy as auctions used to -- because the Federal Reserve has...

The dollar's danger

The ratings agency Fitch just cut Portugal's bond rating to AA- -- a clear sign that the insolvency crisis that began in Greece is far from over. And don't think...