Tag Archives: Debt Crisis

Riots, Bank Runs in Cyprus As Euro Bailout Drama Unfolds

Posted on by Barry Donegan

Riots erupted today in the Republic of Cyprus as protesters clashed with police outside Parliament. Crowds continue to pile on to express their frustrations with ongoing negotiations between the European Union and the Cypriot government. Cyprus faces bankruptcy as its … Continue reading

Posted in Monetary Policy | Tagged , , , , , , , , , , , | Comments on Facebook

Fiscal Cliff Fail: Boehner’s Tax Hike Is DOA in the House

Posted on by Barry Donegan

Republican House Speaker John Boehner critically misread the last election’s voter mandate. The Republican majority in the House of Representatives was sent there to reduce spending. Even the Democrats in the House lean towards fiscal restraint. The Senate is still … Continue reading

Posted in Monetary Policy, United States | Tagged , , , , , , , | Comments on Facebook