Greece

Investors have lost confidence in politicians – Have you?

The recent inability of US politicians to compromise have lead to US credit rating being downgraded. Add to that European politicians’ inadequate response to the debt crisis in the euro zone and it’s understandable markets are in turmoil. Politicians all over the world really need to step up to the plate and do something drastic to reduce the risks to the global economy. [...]

Interconnected for better or for worse?

Understand how the markets work, but isn’t it incredible that a financial crisis made in America can even hit Saudi Arabia. Not only is the kingdom on the other side of the globe, it also has more money than any other country in the world. [...]

Will Greece go bankrupt?

Martin Feldstein, Harvard professor of economy thinks it will. If it wasn’t for the Euro the current situation would have been easier for Greece to handle, he says. Can it really go that far? Not overnight, but nobody would have believed two years ago that Lehman Brothers would go bankrupt. Or Russia defaulting a decade earlier for that matter. [...]