Countdown to Financial Armageddon
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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
Curated by Nick Laight
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Italy PM 'loses majority' of MPs

Italy PM 'loses majority' of MPs | Countdown to Financial Armageddon | Scoop.it

Italian Prime Minister Silvio Berlusconi has lost his parliamentary majority, despite winning a vote on the budget, the opposition says...

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China's economic growth slows (a bit)

China's economic growth slows (a bit) | Countdown to Financial Armageddon | Scoop.it

If only Western economies could grow by a fraction of this! China's economic expansion slows during the third quarter of the year as government measures to control inflation hurt growth.

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And so it goes... Italy and Spain debt downgraded

And so it goes... Italy and Spain debt downgraded | Countdown to Financial Armageddon | Scoop.it

Italian and Spanish government debt are both downgraded by the Fitch credit rating agency.

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Greek clashes amid general strike

Greek clashes amid general strike | Countdown to Financial Armageddon | Scoop.it

Greek protesters angry at the government's austerity policies clash with police, as a 48-hour general strike paralyses the country.

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Nearly Half of U.S. Lives in Household Receiving Government Benefit

Nearly half, 48.5%, of the population lived in a household that received some type of government benefit in the first quarter of 2010, according to Census data.

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