Is the Greco-European Financial Crisis Goldman’s Fault, Too?

The Greek debt crisis — which is threatening to spread to Spain, Portugal, Italy and Ireland and force the Germans to bail out the Greek government with German taxpayer dollars — is all the rage right now, with people trying to figure out how to stop the contagion and halt More…

Dollar’s Dominance Wanes

Part 1: U.S. Failing to Defend Dollar

The U.S. national debt is rapidly rising. If Congress signs off on the Bush administration’s $700-billion rescue plan for Wall Street’s troubled financial markets, the debt ceiling will have to be raised to $11.3 trillion. The debt was $9.4 trillion in March. More…