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The European Debt Crisis Explained
Due to globalization, a severe recession (or depression) in a large region like Europe could have effects that ripple through the entire world’s economy. The European crisis is important news in the...
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How Credit Default Swaps Destroyed The World Economy
In 2008, the mortgage crisis hit the economy hard… Our country and world have been plunged into a full fledged recession which still has not fully been resolved. Currently the debts in European...
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Occupy Wallstreet: A Movement With An Identity Crisis
The world is quickly discovering that social media can create fast-moving political change…. Occupy Wall Street is a group that has grown massively due to better communication through cell phones and...
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Understanding Our Federal Deficit
Our economic problems are becoming more severe, and our political leaders refuse to cooperate outside of party lines… The debt reduction “Super Committee” which was created to cut spending, failed...
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