If you think 2008 was a bad year, wait till you see 2012! The world’s largest banks have far less capital, the world’s largest governments have far less bailout power, and each is pulling the other into an abyss. Yet, BOTH bankers... read more »
Major stock sectors are now in a race for the bottom. These are stocks on a rendezvous with their lowest lows reached in the debt crisis of 2008-2009 … sinking back into the danger zone that came with red ink, bankruptcy, and financial... read more »
What happens on the day Uncle Sam runs out of money? Or equally drastic: What happens when he’s no longer able to borrow from Peter to pay Paul and misses payments to countless creditors around the world? Treasury Secretary Geithner... read more »
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