Stimulus plans have failed because they only allocate funds to political cronies for projects that are unnecessary, and do nothing to reduce the debt burden…
Economists warned that the Greek financial system could crumble within weeks or days unless the European Central Bank steps up support. President Karolos Papoulias told…
While the crash wave setup remains “as good as it gets,” the market has thus far stayed above the key levels I’ve outlined previously (1215 and 1190) which could actually spark a crash. After Friday’s rally, the market is…
Iceland: From Crisis to Constitution
Yves here. I’m intrigued by the way Iceland’s post crisis experience does not get the coverage it warrants. This is a country whose banking system collapsed and its citizens suffered months of real privation (…
STOCKHOLM — Almost every developed nation in the world was walloped by the financial crisis, their economies paralyzed, their prospects for the future muddied.
And then there’s Sweden, the rock star of the recovery.
This Scandinavian nat…
Is it better to go to school in the U.S. or Australia? What country has the best job market? What citizens are the healthiest or happiest?
The Organization for Economic Co-operation and Development (OECD) has created a new interactive index to meas…
The United States has fallen behind other nations, failing to provide affordable health care to its citizens.
Americans spend $477 billion a year MORE on health care than other advanced countries. So why do we pay so much compared to other wealthy…
While Japan is making a valient effort to manage the situation a different reality seems to be emerging. I always thought “losing face” was taboo in the culture. Seems the “outsiders” are singing a different tune. Trust in local officials must be wanin…
Censoring the word “Egypt”
September 19, 2010
The Angry Rich
By PAUL KRUGMAN
Anger is sweeping America. True, this white-hot rage is a minority phenomenon, not something that characterizes most of our fellow citizens. But the angry minority is angry indeed, consisting of people…
