Sunday, July 31, 2011
Optimists say this opens the way for real negotiations to avoid a catastrophic default.
But frustration is clearly growing.
Democratic Representative Sander Levin commented to the House: "This is a disgraceful moment. What you're doing with this bill is to undermine thew chances for compromise. That's what you're doing."
In this edition of On the Edge, Max Keiser interviews Ned Naylor-Leyland from Cheviot Asset Management about the new Pan Asian Gold Exchange (PAGE), and what it means for global currency and commodities markets.