Italy's debt crisis will be much worse than that of Greece.
Italy's stagnant economy, inadequate banking system, and bloated public sector are all signs that the country is facing a troubled future.
By Casey Wilson, Associate Editor, Money Morning -
Italy's debt crisis will be much worse than that of Greece.
Italy's stagnant economy, inadequate banking system, and bloated public sector are all signs that the country is facing a troubled future.
By Casey Wilson, Associate Editor, Money Morning -
Italy's debt crisis will be much worse than that of Greece.
Italy's stagnant economy, inadequate banking system, and bloated public sector are all signs that the country is facing a troubled future.
By Michael E. Lewitt, Global Credit Strategist, Money Morning • @MichaelELewitt -
Investors should not be fooled by the strong performance of stocks last week. Fundamentals have not changed and still present major headwinds to a market recovery.
Oil ended the week at $29.64 per barrel (BTI crude), which is still too low to save struggling fracking companies from the junk heap. The junk bond market backed away from 10% yields but is still a disaster zone. And major hedge funds are still nursing double digit losses.
What we saw was a classic short-covering rally inside a bear market that has further to run. Readers should not let their guards down and let themselves get fooled into diving back into dangerous waters.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
A global debt crisis is coming. The warning signs have been emerging for months.
"This market instability is not going away. It's been building for six years. It can only end one way - with a 'Super Crash,'" Money Morning Global Credit Strategist Michael E. Lewitt told readers back on Sept. 8. "It's not just China that's creating this next (much worse) sell-off. It's also the massive, $200 trillion global debt bubble that's driving the world economy to its knees."
Now, it seems, major media outlets are finally catching on...
By Money Morning Reports, Money Morning -
Policymakers need to start being more honest about how the U.S. debt works.
It's an age-old debate among the members of Congress. How do we cut the budget? How do we reduce the debt?
But that debate is being framed in the wrong way.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Financial News Today: The Greek debt talks looked promising today (Tuesday) - for a little bit.
That was before conflicting reports and a German rebuttal pulled the rug out from under positive momentum.
But Greek debt talks are just the beginning. Here's what you need to know.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
As remote as the Greek debt crisis may seem, ripples from whatever happens there definitely will hit U.S. markets.
The new leftist government of Greece is currently tangling with the European Central Bank. While both sides seem very far apart, Money Morning Chief Investment Strategist Keith Fitz-Gerald thinks the ECB will blink first.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
The Eurozone debt crisis that was supposed to have blown over long ago instead has become more like an endless game of Whac-a-Mole, with both new and old problems popping up faster than European leaders can bop them.
As Europe's finance ministers gathered in Dublin today (Friday), they faced at least half a dozen major issues threatening the fiscal health of the Eurozone.
Although Europe's leaders, in concert with the International Monetary Fund (IMF), have succeeded in keeping a lid on each successive crisis over the past three years, that streak can't survive in the face of the new and old fiscal woes that have been peppering the Eurozone.
U.S. investors can't let those past successes deceive them into thinking the Eurozone is no longer a worry.
When the Eurozone debt crisis finally implodes - and sooner or later, it has to - it will hammer stock markets around the globe.
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By Peter D. Schiff, Money Morning -
Minting a trillion-dollar platinum coin to pay our debts may seem ridiculous. But in fact, our government has done the same thing for the past five years, creating more than $1 trillion out of thin air each year.
By kdowdle, Money Morning -
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By Martin Hutchinson, Global Investing Specialist, Money Morning -
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By Guest Editorial, Money Morning -
By kdowdle, Money Morning -
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By Guest Editorial, Money Morning -
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By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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