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Entries by Sheldon Filger from 05/2010

The Dying "Save" the Dead: The Fallacy of the Eurozone Bailout of Greece

| Posted 05.04.2010 | Business

The European monetary union must bailout Greece, now threatened with national insolvency. The concept of moral hazard is confined to the trash heap of history, as it was disposed of in the U.S.

Sovereign Debt Crisis Now Threatens the U.S. Economy

| Posted 05.17.2010 | Business

The massive increase in public debt in virtually every advanced economy has now given rise to the next phase of the global economic crisis.

Is Sacramento America's Greece? California Debt Crisis is an Economic Time Bomb

| Posted 05.24.2010 | Business

The virtually insolvent U.S. federal government may be forced, sooner rather than later, to bailout its most populous state. California is fast descending into a fiscal sinkhole, with no resolution in site.