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Americans stock up to be ready for end of the world

Recession and the constant threat of terrorist attacks have given new life to the ingrained survivalist instinct Tess Pennington, 33, is a mother of three children, and lives in the sprawling outskirts of Houston, Texas. But she is not taking the happy safety of her suburban existence lightly. Like a growing army of fellow Americans, [...]

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US May Face

US May Face ‘Armageddon’ If China, Japan Don’t Buy Debt

The US is too dependent on Japan and China buying up the country’s debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC. “It’s almost Armageddon if the Japanese and Chinese don’t buy our debt,” Robertson said in an interview. “I don’t know where we could [...]

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