Tag: economic crisis

Looming Crisis Can Crash Europe’s Banks

When the next major fiscal crisis hits, Europe’s credit-challenged governments will pull down the banks with them. A crisis bigger than the one 15 years ago can no longer be ruled out.

First Time in Decades: China’s Population in Decline

The negative turn in China’s population growth came earlier than expected and signals severe economic and political hardships ahead, as the country “has become older before it has become rich.”

U.S. Debt Crisis: One Step Closer

The cold, hard truth embedded in all these numbers is this: going forward, the U.S. Treasury will have to continue to raise interest rates just to keep investors from selling American government debt.

German Finance Minister: Severe Economic Crisis on the Horizon 

Germany’s finance minister has joined a growing chorus of government officials—past and present—and leaders of business and industry who have warned that an economic crisis, the likes of which the country has not seen in many decades, is now beginning to come into view.