Europe Financial Crisis

How Europe's Double Dip Could Become America's

Robert Reich | Posted 04.25.2012

Read More: Financial Crisis, Europe Recession, Europe Financial Crisis, UK Financial Crisis, Double-Dip Recession, Recession, Financial Reform, Business News

What's the problem with Europe? Don't blame it on the so-called "debt crisis." There was no debt crisis in Britain, for example, which is now experiencing its first double-dip recession since the 1970s. Blame it on austerity economics.

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Europe Is Not a Lost Continent

Georges Ugeux | Posted 04.14.2012

Read More: European Debt Crisis, European Parliament, European Commission, European Union, Europe Economy Crisis, Europe Debt Crisis, u.s. Europe Relations, Europe Economic Crisis, Europe Financial Crisis, World News

Europe is not a lost continent, but a set of countries who are dealing with a crisis of confidence stemming from the awareness that its social system needs to be overhauled and modernized.

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How to Ascend After Declining?

Otaviano Canuto | Posted 04.24.2012

Read More: Global Economy, Economic Policy, Economic Crisis, Europe Economic Crisis, Europe Financial Crisis, Europe Economy Crisi, World News

Growth in emerging economies has exhibited strong resilience to the downward pull from advanced economies. However, its full potential can only be tapped if all boats are lifted.

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Merkel's Chilling Vision of a Post-democratic Europe

Rory Fitzgerald | Posted 03.28.2012

Read More: Democracy, Eu, Euro Crisis, Merkel, Eurozone, Europe Debt Crisis, German Chancellor Angela Merkel, Frankfurt Group, Christine Lagarde, Angela Merkel, Europe Financial Crisis, European Union, Europe, Nicolas Sarkozy, Euro, World News

The light of democracy is being extinguished across the continent in which it was born. An unaccountable European elite is ignoring the basic principles of democracy and betraying the founding vision of the EU.

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S&P Downgrades Eurozone Bailout

AP | GABRIELE STEINHAUSER | Posted 03.17.2012

Read More: S&p Downgrade, Europe Bailout Downgrade, Europe Financial Crisis, Eurozone Bailout Downgrade, Eurozone Bailout Downgraded, Eurozone Bailout, Europe Bailout, Business News

BRUSSELS — Rating agency Standard & Poor's said Monday it has downgraded the creditworthiness of the eurozone's rescue fund by one notch to AA+,...

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Europe on the Brink

Robert Kuttner | Posted 01.27.2012

Read More: European Central Bank, Europe Debt Crisis, Euro Central Bank, Financial Crisis, Europe Financial Crisis, Business News

All of the accounts of the current situation in Europe have some merit, yet all miss the deeper point. This crisis occurred because bankers and shadow bankers (such as the hedge funds that are betting against Europe's bonds) have too much power.

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Who Blinks First? Bad Bets in Europe and America

Charles Kolb | Posted 01.18.2012

Read More: Federal Reserve, Michael Lewis, Jon Corzine, Eurozone, Greece, Student Loans, Europe Debt Crisis, Europe Financial Crisis, Business News

America's future can be seen clearly in today's European crisis over sovereign debt. What is not clear is the path our country will take to resolve our own economic crisis.

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Our Notion of Nations

Jeff Jarvis | Posted 01.14.2012

Read More: #Occupywallstreet, European Debt Crisis, Occupy Wall Street Europe, Occupy Wall Street Movement, Italy Greece, Greece Debt Crisis, Italy Debt Crisis, Europe Financial Crisis, Arab Spring, Occupy Europe Debt Crisis, World News

Will we question the idea of what a nation is? Are Greece and Italy still sovereign nations when bankers can overthrow their governments and neighbors can dictate the terms of governance?

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Fist Fight Breaks Out In Italian Parliament

Posted 12.27.2011

Read More: Italy Parliament Fight, Video, Gianfranco Fini, Europe Crisis, Berlusconi, Italy, Europe Financial Crisis, Italy Economic Reforms, Umberto-Bossi, Italy Deputies Fight, Italy Parliament Fist Fight, Italy Reforms, World News

It was a somewhat bizarre scene in Italy's parliament on Wednesday. Several of the country's deputies got into a heated fist fight during debates on p...

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Europe on the Brink

Robert Kuttner | Posted 12.23.2011

Read More: Europe Sovereign Debt Crisis, European Debt Crisis, Europe Debt Crisis, Europe Financial Crisis, World News

The deepening European financial crisis is the direct result of the failure of Western leaders to fix the banking system during the first crisis that began in 2007. Barring a miracle of statesmanship, we are in for Financial Crisis II, and it will look more like a depression than a recession.

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China Ramps Up Investment In Europe As Continent's Debt Crisis Deepens

Worldcrunch/Suddeutsche Zeitung | Markus Zydra and Marcel Grzanna | Posted 11.19.2011

Read More: China Investment Europe, China Bonds, Europe Financial Crisis, China, World News

China is already America’s biggest creditor. Now it’s setting itself up as savior of the euro by buying government bonds and company shares. Just ...

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Is Europe's Debt Crisis A "Lehman Moment" For America?

Reuters | Mohammed A. El-Erian | Posted 09.04.2011

Read More: European Debt Crisis, America, Europe Debt Crisis, European Financial Crisis, Lehman Brothers, Business News, Ben Bernanke, Europe Financial Crisis, Europe, World News, Business News

With its high unemployment and stretched balance sheets, today’s US economy can ill-afford a negative shock from abroad. Yet, this is what it is exp...

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How A Second Euro Could Save Europe

CNN Money | Cyrus Sanati | Posted 05.25.2011

Read More: Business News, Europe Debt Crisis, Europe Financial Crisis, Euro, Second Euro, Global Economy, Business News

The European sovereign debt crisis may be off the front pages while all eyes are on Egypt, but that doesn't mean its problems are any closer to being ...

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Third World Europe

Bloomberg | Posted 05.25.2011

Read More: Ireland Financial Crisis, Ireland China, Imf, Europe Financial Crisis, Ireland, Simon Johnson, China, Eu, Business News

There will be many twists and turns as the Ireland debt crisis unfolds and there's a chance a resolution might just lead to Asia. Here's how I see it...

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Europe Financial Defense Package: Agreement Reached On Massive Preemptive Bailout

AP | AOIFE WHITE | Posted 05.25.2011

Read More: Europe Financial Crisis, Europe Bailout, Preemptive Bailout, Eu, Imf, International Monetary Fund, Eurozone, Euro, Elena Salgado, Business News

BRUSSELS — A bold $1 trillion rescue by the European Union halted the slide of the euro on Monday and sent markets soaring worldwide in a gambit...

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Fed Opens Line Of Credit To Europe

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Fed, Europe, Federal Reserve, Europe Financial Crisis, Europe Bailout, Eu, Eurozone, Business News

WASHINGTON — The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on...

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Spain Financial Crisis: Maginot Lines And Illusions

New York Times | Peter Boone and Simon Johnson | Posted 05.25.2011

Read More: Spain Financial Crisis, Germany, Europe Financial Crisis, Eurozone, Simon Johnson, Spain, Business News

Many commentators suggest Spain is now the euro zone's Maginot Line. The argument is clear: Spain, with gross domestic product of more than $1.3 trill...

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Wall St. Helped Greece To Mask Debt Fueling Europe's Crisis

nytimes.com | LOUISE STORY, LANDON THOMAS Jr. and NELSON D. SCHWARTZ | Posted 05.25.2011

Read More: Greece Crisis, Greece Goldman Sachs, Goldman Sachs, Greece, Europe Financial Crisis, Business News

Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the...

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Excremental Change

Jaime Pozuelo-Monfort | Posted 05.25.2011

Read More: Incrementalism, Heartless Capitalism, Susan Rice, Switzerland Banks, North Korea Nuclear Program, Europe-Financial-Crisis, United Nations, US Financial Crisis, Hillary Clinton, Caymen-Islands, Business News

Excremental Change involves cleaning first the loopholes of the system and expelling all the dirt that is inside. Ask the Pirates of Heartless Capitalism where they hide and you will find the dirt.

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