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Archive for financial crisis

Economic Science and the Debt Crisis

How could the world’s leaders and top economics not see the debt crisis coming? What are the underlying causes of this greatest financial crisis since »»

Time to break up the big banks

With his chronically gravelly voice and relentlessly liberal agenda, Sherrod Brown seems to have stepped out of “Les Miserables,” hoarse from singing revolutionary anthems at »»

How Big Banks Run the World – at Your Expense

The recent Public Banking conference held in Philadelphia offered a message that is at once so simple – but also so bold – it is »»

Nervous Breakdown

Will global financial markets reach a breaking point during the month of October?  Right now there are all kinds of signs that the financial »»

Global Financial Markets Smell Blood In The Water

Can you smell it?  There is blood in the water.  Global financial markets are in turmoil.  Banking stocks are getting slaughtered right now.  European bond »»

Why US Need Not Fear Sovereign Debt Crisis: Unlike Greece, It’s Sovereign

Last week, a Chinese rating agency downgraded U.S. debt from triple A and number one globally, to “double A with a negative outlook” and only »»

Crisis Awaits World’s Banks as Trillions Come Due

The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered »»

China Warns Euro Debt Crisis Could Trigger Second Recession

China warned on Monday that Europe’s struggle to contain ballooning debt posed a risk to global economic growth, raising the specter of a double-dip recession.

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