Tag Archives: Greece

All signs point to doing more

While the debt crisis in Greece threatens Europe and markets all over the world, many Americans want to draw parallels between the United States and Greece. The story goes like this: The Greeks borrowed too much, Americans are doing the same and the only way out is to cut back spending. Sharply. But as Paul […]

Crap.

Thanks Greece: As demonstrators took to the streets in Greece to protest the government’s austerity plan, traders, worried that the Greek debt crisis would spread, sent indexes into disarray for a second day on Wednesday. Indexes on Wall Street, which started the day sharply lower, had regained most of that ground by midday. The euro, […]

Exported Justice

It’s good to see that Goldman Sachs isn’t content with just destroying the American financial system. They’ve got global ambitions, baby! As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs […]