Global Economic Crisis on Huffington Post

Robert E. Prasch: All We Are Saying Is Give Greece a Chance

2013-06-19T09:53:31Z

Nothing the Greek people have done merits the ongoing and systemic destruction of their lives and livelihood. The Troika's program is not helping the economy and is dangerous politically.

Read more: Unemployment, IMF Greece, Politics, Greece, Global Financial Crisis, Foreign Affairs, Economic Crisis, World News

Frank Sensenbrenner: Italy's Economy Is Much Stronger Than It Seems

2013-06-07T09:09:52Z

There should be no incentive on any side to use exchange rates as a means to alter competition. Italy needs America to maintain a solid position in Europe, and the U.S. needs Italy actively to favor the proposed TTIP.

Read more: Global Financial Crisis, Italy, Global Economy, Foreign Affairs, Economic Crisis, Italy Economy, World News

Richard (RJ) Eskow: The World Economy's a Ticking Time Bomb (and the Fuse Is Lit)

2013-06-04T13:59:57Z

Respected economist John Kay is about to make a public statements which essentially says that the world economy is a ticking time bomb and global markets are a lit fuse.

Read more: US Economy, Global Economy, Economy, Economic Crisis, Global Economic Crisis, World Economy, Business News

Lee A. Saunders: Scott Walker's Austerity Plan: Turning Wisconsin Into the New Greece

2013-05-23T12:16:53Z

Scott Walker and his tea party cohorts bought the snake oil of austerity. They forced the Badger State to drink it. And Wisconsin's families are suffering because the governor ignored the evidence that it is a toxic brew.

Read more: Taxes, Lee Saunders, Wisconsin, Education, Gdp, Unemployment, Greece, Federal Government, Scott Walker Austerity, Scott Walker, Jobs, Global Financial Crisis, Wisconsin Badgers, Austerity, Afscme, Politics News

This Looks Familiar

2013-05-15T08:00:00Z

NEW YORK -- Huxley Sommerville, group managing director at Fitch Ratings, increasingly fears another massive financial crisis. Ask him why and he tell...

Read more: Credit Rating Agencies Standards, Credit Ratings Agencies Standards, Financial Crisis, Credit Rating Agencies, Global Financial Crisis, Mortgage-Backed Securities, Credit Rating, AAA Rating, Business News

Tom Judson: They Won't Take That Away From Me

2013-05-13T10:18:10Z

March 16 of this year I received a letter from Bank of America: "Although you have missed several of your monthly payments, it is not too late to get help. Please act quickly before time runs out." I suppose 40-odd missed payments can safely be counted as "several." But time running out? Methuselah should have such a surplus.

Read more: Mortgage Crisis, Home Renovation, Global Financial Crisis, Lehman Brothers Bankruptcy, Real Estate, Housing Crisis, HuffPost Home News

EU: No End In Sight For Eurozone Recession

2013-05-03T07:41:42Z

BRUSSELS — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemplo...

Read more: Financial Crisis, European Union, Global Financial Crisis, Eurozone, Europe Unemployment, Olli Rehn, European Unemployment, Business News

Michael Brenner: Gaming Europe's Financial Crisis

2013-04-15T14:32:47Z

The wages of sin -- in the minds of Europe's born again Puritanical elites who observe the caveat that financial elites have a special dispensation from the Heavenly Father who already have squeezed through the eye of the needle.

Read more: European Debt Crisis, Financial Crisis, Eurozone, Global Financial Crisis, European Union, Europe, World News

William K. Black: The New York Times Thinks Bleeding Cyprus Is 'Strong Medicine'

2013-04-09T08:23:26Z

Has the New York Times ever had Krugman spend two hours educating its financial reporters about austerity and the euro's design defects? That would be one of the best investments it could ever make in raising the quality of its reportage on these issues.

Read more: Paul Krugman Austerity, New York Times, Paul Krugman, Economy, Austerity, Eurozone, Christine Lagarde, Global Financial Crisis, Cyprus, Europe, Business News

Cyprus To Keep Banks Closed Until Next Week At The Earliest

2013-03-20T14:58:28Z

NICOSIA/MOSCOW (Reuters) - Cyprus extended a bank lockdown to next week and considered nationalizing pension funds on Wednesday, scrambling to avert a...

Read more: European Sovereign Debt Crisis, Eurozone, National Debt, Reuters, Cyprus Banks, Global Financial Crisis, Eurozone Bailouts, Cyprus, Cyprus Financial Crisis, Business News

Former Wall Street Exec Introduces Bill To Roll Back Key Element Of Wall Street Reform

2013-03-07T10:35:44Z

Rep. Jim Himes (D-Conn.), a former Wall Street executive, is joining Rep. Randy Hultgren (R-Ill.) to introduce legislation that would undercut one of ...

Read more: Dodd-Frank Act, Congress, Randy Hultgren, Dodd-Frank, Jim Himes Derivatives, Financial Reform, Derivatives, Derivatives Reform, Wall Street Reform, Derivatives Regulation, HuffPolitics Blog, Goldman Sachs, Wall Street Executives, Video, Blanche Lincoln, Jim Himes, Wall Street Crisis, Wall Street, Dccc, Jim Himes Dccc, Financial Crisis, Jim Himes Goldman Sachs, Global Financial Crisis, Politics News

Michael G. Jacobides: Europe: Towards a Governance Union?

2013-02-25T17:10:22Z

The current crisis is an opportunity in disguise. If the European leaders seize the chance, they can improve competitiveness and thereby living standards in the south and east, while increasing the legitimacy of the EU at the same time.

Read more: European Debt Crisis, Eurozone, Global Economy, Governance, Economy, Economic Crisis, European Union, Europe, Macroeconomics, Global Economic Crisis, World News, Austerity, World News

Sharan Burrow: Looking for a Ray of Joy in Spain

2013-02-25T09:39:12Z

From Prime Minister Mariano Rajoy to the king's son-in-law, Spain faces of a crisis of leadership, consumed by economic corruption and scandals born of greed.

Read more: Jobs, Financial Crisis, Imf, Spain, Troika, g20, Economic Crisis, Global Financial Crisis, World News

Sharan Burrow: Is the G20 Jobs Train Ready to Leave the Station?

2013-02-21T08:07:05Z

This week a group of government officials, meeting in a Moscow hotel, could set in train advice for their G20 leaders that creates jobs and restores balance to a global economy wrecked by inequality.

Read more: Jobs, Minimum Wage, Ituc, g20, Australia, USA, Brazil, Global Economic Crisis, Global Economy, Opportunity-Working, Business News

Glenn C. Altschuler: Raising Keynes

2013-02-20T13:03:08Z

Challenging but accessible, The Leaderless Economy: Why The World Economic System Fell Apart And How To Fix Itprovides a clear and compelling analysis of the roots of our global financial crisis and the lessons we can learn from it.

Read more: John Maynard Keynes, World Bank, The Prisoner?S Dilemma, General Agreement on Tariffs and Trade, Global Financial Crisis, David Vines, The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It, Peter Temin, The Leaderless Economy, Eurozone Economic Crisis, Economy, Greece Austery, Books News

Janet Tavakoli: Warning! Wikipedia Will Make Your Financial IQ Drop (Update)

2013-02-20T12:39:59Z

If you want to know why relying on information supplied on the internet by anonymous strangers is a bad idea, look no further than Wikipedia's articles on finance.

Read more: Wikipedia, Credit Rating Agencies, Global Financial Crisis, Credit Derivatives, Huffington Post, Credit Derivatives Research, Wikipedia Editors, Wikipedia Retaliation, Wikicollateralized Debt Obligations, Business News

Edward P. Joseph: Too Soon for Optimism on Europe's Financial Crisis

2013-02-06T16:08:04Z

Little has been done to correct the fundamental flaws that spawned Europe's ill-fated common currency, the Euro. Premature optimism relieves Europe's ever cautious policy makers from taking the bold steps needed to truly stem the crisis.

Read more: European Debt Crisis, Financial Crisis, Global Financial Crisis, Eurozone, Europe, World News

Emmet Oliver: The West Must Price Itself Back Into World Markets

2013-01-22T14:01:22Z

Davos provides the perfect opportunity to learn about what has worked between 2008 and now, and what hasn't worked. Europe must re-price itself back into global markets while holding onto the gains it already has in social cohesion and environmental sustainability.

Read more: Global Financial Crisis, Economic Recovery, Business, Economy, Davos, Global Competitiveness, Business News

Ho-Hyung Lee: Japan's Lost Decades: Could They Happen in the US?

2013-01-17T19:20:52Z

Japan was like a rich man with a lot of savings, but it has spent too much over the last 20 years. The United States is still a reserve currency country, but its deficits pose a threat as the national debt becomes a serious issue for its economy.

Read more: Government, Global Supply Chain, U.S. Economy, Markets, Global Economy, Economics, Economy, Information Age, Government Spending, Manufacturing, Supply Chain, Global Financial Crisis, Japan, Recession, Business News

Michael Pento: Phony Global Recovery Is an Illusion

2012-12-06T09:58:26Z

If the global economy was about to make a significant move to the upside, why haven't industrial commodities and equity markets begun to price in that improvement -- especially in consideration of the massive amount of liquidity that has been added by central banks?

Read more: Global Economics, Monetary Policy, Fiscal Cliff, Global Economy, Inflation, Global Economic Crisis, Business News

John Hope Bryant: The 5th Big Bang of Global Economic Growth. It's You and Me

2012-11-01T23:24:57Z

While the world is still adjusting to and trying to recover from the worst global economic crisis to occur since the Great Depression, I am focused on what comes next.

Read more: Youth Entrepreneurship, Hope-Business-in-a-Box, Urban-Entrepreneurship, John Hope Bryant, Operation Hope, Youth-Economic-Energy, Youth-Economics-Education, Gallup-Hope-Index, Entrepreneurship, Global Economic Crisis, Business News

Dave Lauer: The Lack of Foresight Report: Why Can't We Do Better?

2012-11-01T17:14:45Z

The frustration of those of us arguing for pragmatic reforms and unbiased research should be evident. I am thankful that here in the United States, the SEC has at least begun to realize the need for more independence in its research and panels, and I hope that trend continues.

Read more: Wall Street Reform, High-Frequency Trading, Global Financial Crisis, Foresight Report, Hft, Financial Reform, Business News

Adam Levin: FEMA, Dodd-Frank and the CFPB: It's All the Same to Mitt Romney

2012-10-31T14:31:19Z

On both the financial catastrophe and the storm, Governor Romney got it completely wrong. Now, in the wake of Hurricane Sandy, Romney looks all wet.

Read more: Fema, Global Financial Crisis, Politics, Dodd-Frank, 2012 Election, Election Day, Consumer Financial Protection Agency, Business News, Romney-Dodd-Frank, Cfpb, Mitt Romney, Elections 2012, Business News

Otaviano Canuto: Shifting Tectonic Plates Under Global Banking

2012-10-24T13:23:22Z

The global financial crisis has reversed an expansionary trend of international activities by banks from advanced countries that had been at play for decades.

Read more: International Banking, Deleveraging, Eurozone, Global Financial Crisis, Global-Banking, Global-Banking-Markets, Global Banking, Eurozone Debt Crisis, Euro Markets, Global Markets, Global-Jobs-Market, World News

Political Dysfunction Threatens Global Economy

2012-10-15T05:46:55Z

Thing One: Talking Heads: The good news is that the global economy is not yet ablaze. The bad news is that there is a heap of oily rags smoldering in ...

Read more: European Debt Crisis, Video, Global Economy, Economics, Seven and a Half Things, Economy, World Bank, IMF/World Bank Annual Meetings, Global Financial Crisis, Imf, Imf World Bank Meetings 2012, Business News