Blog Archives

Fiscal Cliff Averted: And Here Are the Next 6 Crises to Worry About

Filed under: Economy, Government, Money and Politics
Here’s the bright side: After over a year of fretting, the fiscal cliff has finally been averted — at least for the time being. In a thirteenth-hour agreement, Congress and President Obama decided t…

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Thanks a Lot for the Disastrous Economic Legacy, Baby Boomers

Filed under: EconomyBaby boomers were handed the American dream.

They entered the workforce at the beginning of an economic boom. Income tax rates dropped as their careers (and incomes) progressed. All while the Dow Jones industrial average soared mor…

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‘Pasty’ Tax Battle Burns British Politicians — and Possibly Your 401(k)

Filed under: TaxesIf there was any hope left that Europe might get serious about fixing its debt problems — making the tough spending cuts and tougher tax hikes necessary to repair its fraying national balance sheets — then this latest news out of Br…

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As Italian Drama Persists, Fears of Credit Crunch Spread to Small Businesses

Filed under: Economy, DebtThe Atlantic Ocean is wide, but maybe not wide enough. On Thursday, markets had a mixed reaction to the deepening economic crisis in Europe. With Silvio Berlusconi’s exit as Italy’s prime minister, the nation is expected to na…

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Renaming Temples, Renting Relics: An Offbeat Fix for Greek Debt Woes

Filed under: EconomyHome of the Parthenon and the setting of Mama Mia, Greece has long been revered as a land of mystery and mythology. Recently, its finances have also become the stuff of legend, as poor accounting has left the ailing country with a 2…

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