Solutions to the economic problems that the U.S. faces are unpalatable, and there’s a dangerous temptation to avoid dealing …
national debt
Country Half Full: An Optimistic Take On Our National Debt Nightmare
It’s rare that a United Nations report can engender optimism about anything, let alone America’s finances. But a recently issued (and mostly overlooked) study from the global body’s International Human Dimensions Program might …
Spain on Edge as Focus Shifts from Banks to State’s Finances
As Spanish antiausterity protesters take to the streets, financial markets switch focus from the nation’s messed-up banks to the wobbly state of its finances
Is Europe’s Crisis a Glimpse of America’s Future?
The problems caused by rising debt are fundamentally different in the U.S. from those in Europe, but they are equally daunting.
Your Stock Fund Lost Money? Well, They All Did Last Quarter
We’ve all seen the sobering numbers on things like unemployment (9.1%), GDP (1.3%) and the national debt ($15 trillion). Now comes another reality check: Last quarter, not a single U.S. diversified stock fund made money. Not one.