World Economies

The Dominoes Are Rocking

Strap in folks, the slow motion train wreck we have been watching since 2006 is picking up speed.  The DOW dropped 213 points yesterday in response to Greece and Portugal's credit rating changes and Goldman Sachs all over the news in front of Congress.  The dominoes of teetering governments that Basil, the IMF, the WB, The Fed, and the other usual suspects have been trying to keep upright are now gently rocking.  So far, the only person who appears to have their head screwed on straight is Angela Merkel, Germany's Chancellor. Fears of Greek debt default hit markets (Reuters) -…
Read More

Bad Behavior has blocked 2516 access attempts in the last 7 days.

No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.