The Real Reason Government Is Paying Down the National Debt

After six years of non-stop deficit spending that has added $8.2 trillion to the national debt, the U.S. Treasury has announced that it expects ...

The Eurozone Hangs On By a Whisker

Four days after the Italian elections only one thing is clear: A majority of Italian voters have rejected austerity.

The problem is...

Berlusconi is Back, and So Is the Eurozone Debt Crisis

Since the beginning of the year, the markets have been behaving as if the

Spain Squeezed by Eurozone Bailout Deal

In attempts to ease its mushrooming financial pains, Spain unveiled new austerity measures today (Wednesday) that aim to reduce 65 billion euros...

Eurozone Debt Crisis Gets More Costly with Spain's Latest Move

European finance ministers came to Spain's rescue Saturday, agreeing to lend the ailing nation's banking sector as much as $125 billion (100...

Why the Eurozone Debt Crisis Never Really Went Away

How many times have we been told the Eurozone debt crisis is resolved, only to have it turn up again like a bad penny?

Last year's string...

As Greek Debt Default Nears, Investors Need to Take Cover

At this point a Greek debt default is virtually unavoidable, and it could happen in a matter of weeks.

The ensuing chain reaction will...

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