Global Monies

This page will contain money news from around the world. Financial news, crises, bailouts

Fixing Greece Using the Argentina Model?, October 2011

U.S. Financial Crisis 2008

Deficits, deficit hysteria, Bush tax cuts and other pressing economic issues

An explanation of the European financial crisis

“The pain being inflicted on Ireland by the ECB/IMF is completely unnecessary. If the ECB committed itself to make loans available to Ireland at low interest rates, a mechanism entirely within its power, then Ireland would have no serious budget problem. Its huge projected deficits stem primarily from the combination of high interest costs on its debt, and the result of operating at levels of economic output that are well below “