The bailout proposed for the Greek debt crisis would actually earn money for Germany and other EU lenders.
Some evidence suggests that investors are better off hanging on to their shares during the May-to-October period. 'Sell in May' is among old market tips.
David Cameron topped snap polls after last night's final debate ahead of the May 6 UK election. But he, Brown, and Clegg all stand accused of avoiding discussion of how to reduce Britain's massive deficit.
A Christian Science perspective.
The Greece debt crisis should be a warning. History shows that unless this buildup of sovereign debt is tackled eventually by raising taxes and controlling spending, then there are only two outcomes: default or high inflation.
No longer a mere threat, the Greek financial crisis has spread to the eurozone and has raised concern over contagion.
Europe could be in for some major belt-tightening to handle the Greek debt crisis, as well as problems in Spain, Portugal, and Ireland. That could slow US economic growth somewhat.
With its bonds rated as junk, the debt crisis in Greece must prompt Athens to take far greater austerity measures than originally planned. Political leaders and the public must find the courage for the necessary sacrifice.