Category : Debt crisis
The US Government's Financial Statement on the verge of collapse
The U.S. government's balance sheet is about to explode financially; interest costs and debt have broken new records.
Stability of the Euro Threatened by the Italian Debt
India and Russia bypass US sanctions ; Euro stability threatened by Italian Debt ; Iran wants to Veto Saudi and Russian Oil Production Proposal
Russia reduced its assets in US Treasury Bonds
Russian Government turns away from US debt ; Belarus and Russia abandon the dollar in their trade ; U.S. will add $200 billion in additional taxes on Chinese Goods.
Italian Debt Worries Financial Markets
The coalition regime and the decisions of this new Italian government worry the markets and the European Union.
The Risk of Default is Increasing in Asia
The risk of default is increasing in Asia and the powerful banks in America have to revised there default-rate forecasts.
The trigger for the next global debt could be the rising Dollar
Governments that have issued debt that’s denominated in dollars could have serious problems if the U.S. currency continues to rise.
The EU Facing Major Financial Crisis
Famous investor George Soros warns of the threat posed by the financial crisis in Europe.
Moody's warns of a dangerous wave of junk bond defaults
As corporate debt reaches its highest level since the financial crisis, Moody's warns of substantial problems looming on the horizon for junk bonds during the next downturn hits.
RBA shows the Risks of Debt implosion in China
Phil Lowe Governer of RBA has explained the debt risks faced by China, denouncing the fast piled up debt since 2009 and its opaque financial system.
U.S. National Debt Reaches Record $21 Trillion
United States national debt exceeds $21 trillion for the first time in history.