Tag Archives: IMF
Socialism Implodes in Greece
Nations face the same budget constraints as households. They cannot spend more than they earn, without going into debt, and they will not be long in debt before the collector comes calling. A surprising number of people can’t grasp this … Continue reading
Filed under Finance
Dollar Threatened As Reserve Currency
The Wall Street Journal reports today that the dollar has hit an annual low against the Euro. A weak dollar isn’t all bad. It can improve sales for American exporters. The scary thing about today’s fall is the reason it … Continue reading
Filed under Finance
