Clik here to view.
Global Economic Crisis 2012
All signs point to 2012 witnessing an acceleration of the negative economic and fiscal metrics that plagued advanced and major emerging economies in 2011. In particular, the Eurozone debt crisis, which...
View ArticleClik here to view.
Standard & Poor’s Cuts AAA Credit Rating For France
Another wave of credit downgrades has hit the Eurozone. S & P cut the credit worthiness of several European sovereigns, most conspicuously France, which saw its coveted AAA rating reduced to AA...
View ArticleClik here to view.
Greece, Germany and the Eurozone Sovereign Debt Crisis
The current Eurozone debt crisis is not only an acute economic and debt crisis. It is also political farce, with a heavy dose of irony. The motivation for the creation of the euro was noble; the...
View ArticleClik here to view.
Fitch Ratings Agency On Supposed Greek Debt Bailout Deal: BS
There is the old story about the boy who cried wolf too often. Similarly, the Eurozone clique of inept politicians continues to parade out “final” Greek bailout deals. The most recent one is a...
View ArticleClik here to view.
Spanish Government Sells Its Bonds, At A Price
The financial pundits and Eurozone boosters are gloating, with fingers crossed behind their backs. The recent auction of Spanish sovereign bonds by Madrid reached its target sale in excess of two and a...
View ArticleClik here to view.
Inflation Is Not The Solution To The Economic Crisis
Almost instantaneously, as soon as governments across the globe went into unparalleled debt to bail out their financial systems beginning in 2008, economists openly were discussing the impossibility...
View ArticleClik here to view.
German Business Confidence Sinks As Eurozone Debt Crisis Rages
The ifo index of 7000m German businesses and their perception of business trends registered a decline from 103.2 in July to 102.6 in August. The contraction in business confidence was more than...
View ArticleClik here to view.
Eurozone Slips Into Double-Dip Recession
Economic data released by Eurostat, the statistics office of the Eurozone, indicated that the monetary union collectively entered a recession in Q3 of 2012. As both Q2 and Q3 indicated economic...
View ArticleClik here to view.
Eurozone Recession To Continue In 2013: IMF
The International Monetary Fund is projecting a continuing contraction of the Eurozone during 2013. According to the IMF’s most current projection, overall the Euro area will see an economic...
View ArticleClik here to view.
Moody’s Cut’s Britain’s Credit Rating; U.K. Loses Coveted AAA Status
The British economy, still struggling from the aftereffects of the 2008 Global Economic Crisis and financial disaster, now has received another boot in its ribcage. Moody’s, one of the three major...
View Article