The bad economic news just keeps rolling in. It is almost as if someone has slammed on the economic brakes.
Post Tagged with: "Greece"
May 25, 2011 04:10
Gold and Dollar Pop on Euro Debt Crisis
85% of international investors recently surveyed by Bloomberg said Greece will probably default, with smaller majorities predicting Portugal and Ireland will do the same.
February 25, 2011 12:27
Top 12 Countries Most Likely To Go Belly Up
Europe trumps all other regions with 11 out of twelve courtiers rated as “extreme risk.” However, quite surprisingly, only one PIIGS country–Italy which takes the top spot–is in the top 12.
November 4, 2010 07:16
‘We’re Greece’ in a Few Years: Sen. Gregg
Senator Judd Gregg (R-N.H.) and Senator Evan Bayh, (D-Ind.) discuss the mid terms and what the challenges are for America.
September 11, 2010 14:00
Greek unions to protest against PM’s austerity plans
We are next as cities and states face bankruptcy from bloated public sector union wages and benefits.
September 10, 2010 05:48
CBO Predicts U.S. Debt Crisis If Deficits Are Not Controlled
“A growing level of federal debt would also increase the probability of a sudden fiscal crisis, during which investors would lose confidence in the government’s ability to manage its budget, and the government would thereby lose its ability to borrow at affordable rates.” -CBO July 27 report
July 15, 2010 20:10
Sovereign Danger
Runaway Debt: Watching Greece and now Portugal verge on financial default due to fiscal profligacy should send a chill up every American’s spine. This is our fate, too, if we don’t change course — and soon. “America is on a path to become a European-style welfare state.”
July 6, 2010 04:24
Euro’s Worst to Come, Top Analysts Say
The most accurate foreign-exchange forecaster says the euro will continue to weaken and may approach parity with the dollar as the European Central Bank buys more government bonds to support the region’s economy.
June 28, 2010 03:53
Federal Revenue and the Economy
We’re still working our way through the mess even as the next (and perhaps final) bubble inflates before us: the government bubble. This will prove the most intractable bubble of all. We have only to look at Europe, and particularly at Greece, to see what’s coming.
June 24, 2010 18:30
The Next Big Crisis: State Bankruptcies
Many say that the situation in Greece is a harbinger of what is coming to the United States. They are right. But first it will come to states like New York, California and Michigan, which are stretched way beyond their means and deeply in debt.
