Are sovereign debt crises inevitable? – The Curious Capitalist – TIME.com

Posted by Matt in March 17th, 2010 | no comment

Published in Financial Crisis, Authors, Carmen Reinhart, Centuries, Conclusions, Consequences, Countries, Crises, Debacle, Developing World, Economists, Financial Crisis, Folly, Government Debt, Greece, Harvard University, Kenneth Rogoff, Sovereign Debt, Trend, University Maryland, University Of Maryland

Thanks to the ongoing debacle in Greece, we’ve become all too aware about the dangers of the rapid build-up of government debt throughout the developed world in the wake of the financial crisis. The potential consequences of that trend are made ever more frightening in a new study by economists Carmen Reinhart of the University [...]

Austerity plans threaten “social cohesion” in US, UK, Germany, France, and Spain

Posted by Matt in March 16th, 2010 | no comment

Published in Financial Crisis, Austerity, Bud, Execution, Germany France, Public Finances, Risk, Social Cohesion, Sovereign Debt, Spain, Stimulus, Tightrope, Uk Germany

The world’s five biggest AAA-rated states are all at risk of soaring debt costs and will have to implement austerity plans that threaten “social cohnesion”, according to a report on sovereign debt by Moody’s.
The US rating agency said the US, the UK, Germany, France, and Spain are walking a tightrope as they try to bring [...]

UK Economic and Debt Crisis Approaches Dangerous Tipping Point

Posted by Matt in March 15th, 2010 | no comment

Published in Financial, Cataclysm, Debt Crisis, Economic Crisis, Elites, Matter Of Time, Political Establishment, Precipice, Probability, Sinks, Sovereign Debt, Sustainable Solution, Tipping Point, United States

It seems to this observer that it is only a matter of time before the UK sinks into an irreversible sovereign debt cataclysm, with the United States not far behind. Anyone who believes that the same political establishment and financial elites that have led both nations to this hellish fiscal precipice can now lead us [...]

The Great Credit Squeeze | Money and Markets

Posted by Matt in March 15th, 2010 | no comment

Published in Financial, Credit Squeeze, Debt Crisis, Federal Deficit, Free Email, Free Investment, Money Free, Money Markets, Sovereign Debt, Squeeze Money

If you think that the sovereign debt crisis is mostly behind us … that America’s federal deficit is turning into a non-issue … or that we can just go back to business as usual … you’d better consider the drama now unfolding in the hard numbers just released last week:
The Great Credit Squeeze | Money [...]

A Long Way From Economic Normalcy

Posted by Matt in March 13th, 2010 | no comment

Published in Economy, Aftermath, Balance Sheets, Banks, China, Consumers, Debt Crisis, Developing Economies, Economy, Europe, Fiscal Stimulus, Fourth Quarter, Greece, Inventory Replenishment, National Journal Magazine, Normalcy, Overhang, Property Values, Signs, Sovereign Debt, Spurt

The economy grew 5.9 percent in the fourth quarter of 2009, but the number is not as strong as it looks. Most of it is based on temporary factors, notably a spurt of inventory replenishment and the now-waning fiscal stimulus. An overhang of debt and low property values continues to weigh down banks’ and consumers’ [...]

Nine Shocking New Predictions for 2010-2012

Posted by Matt in March 3rd, 2010 | 1 comment

Published in Favorites, Forecasts, All Time Highs, Bond Prices, Budget Deficit, Commodities, Dollar Index, Double Dip Recession, Economy, Enormous Implications, Federal Deficits, Fortunes, Global Collapse, Global Investors, Gold, Martin D Weiss, Martin Weiss, Massive Wealth, Ounce, Shock Waves, Sovereign Debt, Specter, Stocks, Tension, Trillion, Turmoil, Waves Of Fear, Wealth Shift, Zigzag Pattern

Prediction #1: Starting this year, most U.S. stocks are likely to fall in a zigzag pattern for nearly three long years!
Prediction #2: Gold will skyrocket far higher than $2,000 per ounce by the end of 2011.
Prediction #3: The U.S. Dollar Index will begin to sink in 2010 and will not hit bottom until early 2012.
Prediction [...]

Sovereign Debt Contagion

Posted by Matt in February 22nd, 2010 | no comment

Published in Financial, Alan Schwartz, Bear Stearns, Budget Deficit, Canadian Officials, Cnbc, Contagion, Denial Anger Bargaining, Dow Jones, Dow Jones Industrial, Dow Jones Industrial Average, European Partners, George Papandreou, Greek Prime Minister, Liquidity Crisis, Mortgage Business, Mortgage Concerns, Natural Instinct, Sovereign Debt, Sub Prime Mortgage, Unsuspecting Public

Why European debt matters to the United States
Times are tough and those struggling to make ends meet have focused their efforts close to home.
That’s a natural instinct but it doesn’t change the fact that problems on the other side of the world affect us all. To fully understand the depth and complexity of our current [...]

A Greek crisis is coming to America

Posted by Matt in February 11th, 2010 | no comment

Published in Economy, Acronym, Athens, Coming To America, Debt Crisis, Eurozone, Fiscal Crisis, Grave Mistake, Investors, Lisbon, Madrid, Ramifications, Sovereign Debt

It began in Athens. It is spreading to Lisbon and Madrid. But it would be a grave mistake to assume that the sovereign debt crisis that is unfolding will remain confined to the weaker eurozone economies. For this is more than just a Mediterranean problem with a farmyard acronym. It is a fiscal crisis of [...]

Greece’s economic crisis could signal trouble for its neighbors – washingtonpost.com

Posted by Matt in February 9th, 2010 | no comment

Published in Economy, Financial, Debt Crisis, Economic Crisis, Economic Problems, European Countries, Government Spending, Greece, Neighbors, Sovereign Debt

But the underlying economic problems facing Greece and some other European countries mean that radical cutbacks in government spending and more social pain are likely to follow as these countries move to avert a sovereign debt crisis, in which nations find themselves unable to pay on their obligations.
Greece’s economic crisis could signal trouble for [...]

Sovereign Debt Issues Threaten Global Economic Rebound

Posted by Matt in February 3rd, 2010 | no comment

Published in Economy, Financial, Debt Issues, Debts, Economic Rebound, Epoch Times, Financial Crisis, Governments, Liquidity, Public Debt, Sovereign Debt, Sovereign Nations, Stimulus, Teetering On The Edge, World Economic Forum

Some sovereign nations are teetering on the edge of another financial crisis because of debts amassed to pump massive stimulus packages into their economies.
As a result of the increased liquidity, governments increasingly have amassed more public debt, which if continued, will become unsustainable in the long term. The threat of sovereign default, or a government’s [...]