The debt ceiling debate is really troubling because it shows how little substantive conversation we can have in this country about real issues. One major issue with the debt ceiling is that we are now spending more than our annual GDP. The annual GDP versus total debt threshold is commonly looked at as a tipping […]
Italy facing contagion from Greece. The European debt crisis spreads. Spain up to 21.5 percent unemployment rate.
Italy is now facing the spillover effects from the European debt crisis brought on by Greece. Greece was merely a tiny domino in the bigger scheme of things and Italy is now being put into the spotlight. Tragically the hope was being misplace in the idea that somehow Greece would be solved and no further […]