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Eurozone Fiscal Crisis

Fiscal Adjustment: Too Much of a Good Thing?

Carlo Cottarelli | Posted 04.02.2012 | Business
Carlo Cottarelli

Nearly all advanced economies plan to reduce their deficits this year. But if growth slows more than expected, some may feel inclined to preserve their short-term plans through additional tightening, even if hurts growth more.

Are European Banks on the Verge of Destruction?

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

A chillingly realistic forecast of what may very soon be the next great global banking crisis.