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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Global recession grows closer as G20 summit fails

Global recession grows closer as G20 summit fails | Countdown to Financial Armageddon | Scoop.it

IMF to monitor Italy to ensure austerity as leaders fail to agree plan for financial aid for distressed countries...

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Finally, someone is saying it! America's Debt Crisis: Why Europe Is Right and Obama Is Wrong: more debt is not the answer

Finally, someone is saying it! America's Debt Crisis: Why Europe Is Right and Obama Is Wrong: more debt is not the answer | Countdown to Financial Armageddon | Scoop.it

US President Barack Obama has recently suggested that Europe must take on more debt to stimulate the economy. Such reliance on cheap money, though, is what got us into the current crisis in the first place -- both in Europe and in the US.

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