by admin on February 8, 2010
Harvard Economics Historian Niall Ferguson believes that the U.S. will be facing debt problems in the median to long term. In the video below, Ferguson claims that the U.S. is not “very far behind” from Greece when it comes to debt problems and that investors will eventually become worried about the U.S. fiscal situation.
Niall Ferguson [...]
by Rafael Rosa on February 4, 2010
What was behind today’s sell-off?
Panic hit Wall Street today. While not many things changed within the last 24 hours, investor sentiment crossed a tipping point where skepticism and fear transformed into panic. Last week’s negative interest rate cross-over on the 1-month Treasury already suggested that investors were parking their money. Today, widening credit default swaps [...]
by admin on November 27, 2009
A possible debt default from Dubai has recently shocked the financial markets around the world. Dubai is the most populous state of the United Arab Emirates.
Dubai “said on Wednesday it would ask creditors of state-owned Dubai World and Nakheel to agree to a standstill on billions of dollars of debt as a first step [...]