Word: crisises
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
After a decade of overspending, Greece has fallen into a debt crisis. The country--which along with Portugal, Ireland, Italy and Spain is a member of the so-called PIIGS group of troubled European economies--is carrying a deficit close to 13% of GDP, more than four times the E.U...
Three other nations on the fringe of the euro zone--Portugal, Ireland and Spain--are caught in the undertow of Greece's crisis. All three have displayed better fiscal behavior than Greece, but they suffer from the same disconnect between their dire local economic conditions and the monetary policymakers in...
But there is another, even simpler warning for the U.S. economy as we face our own deficit issues. "It's only when the tide goes out that you learn who's been swimming naked," investor Warren Buffett has said. The U.S. has none of the currency difficulties of the PIGS...
"Ba-Boom!" Leroy Hayes describes sitting in his seventh-grade English class at Philadelphia's Shoemaker Middle School when he heard the explosion. It was startling but not necessarily surprising, he says. Crazy stuff happened all the time at Shoemaker. Once, he recalls, a student urinated into a soda bottle...
If you could go back and tell yourself to not do one thing during the financial crisis, what would that be, and why? -Kathy Ackerman, Minneapolis I've obviously thought about this a lot, and I believe that the major decisions we made were the right ones. But I've...