By Simon Johnson Huffington Post In every economic crisis there comes a moment of clarity. In Europe soon, millions of…
Browsing: Debt
Switzerland’s economy expanded at a brisk pace in the first quarter, at a time when many of its European neighbors…
By Peter Schroeder Rating agencies are warning that the federal government risks another downgrade of its creditworthiness if it fails…
Trading in shares in Spain’s Bankia has been suspended in Madrid. It asked for them to be suspended ahead of…
Greece may possibly have only a 46-hour window of opportunity should it want to plot a route out of the…
By Michael Snyder The Economic Collapse Why isn’t the U.S. economy in a depression right now? The number one reason…
Senate Dems back increase in air travel fee to close funding shortfall at TSA By Erik Wasson The-Hill The Senate…
banks and corporations have forced our countries into interdependency through the engineered chicanery of globalization, any collapse in Europe is…
How come we hear everything that happens in Egypt but no news about what’s happening in Iceland: … In Iceland,…
The middle class is being systematically wiped out of existence in the United States today. America is a nation with…
Greek depositors withdrew €700 million ($898 million) from the country’s banking institutions on Monday, fueling fears of a financial institution…
By Tyler Durden Zero-Hedge Think filing for bankruptcy is the only way to get debt discharge? Think again, at least…
By Tomas Sarmiento HSBC Holdings PLCc said on Friday that it had agreed to sell its operations in Colombia, Uruguay,…
Gov. Jerry Brown announced on Saturday that the state’s deficit has ballooned to $16 billion, a huge increase over his…
By DAN FITZPATRICK Wall Street Journal A massive trading bet boomeranged on J.P. Morgan Chase leaving the bank with at…