News
CNN: Money | Europe's debt crisis: 'No clear end in sight'
Last year was supposed to be the make or break year for Europe's debt crisis. Neither happened. That means the chronic uncertainty that investors grappled with for most of 2011 is likely to continue, if not intensify, in the first half of this year.
Blogs
Fox Business | Dangerous Debt
The latest budget tables from the White House's Office of Management and Budget reveal that The federal government actually spent $362 billion more in 2011 than in 2010.
ZeroHedge | US Closes 2011 With Record $15.22 Trillion In Debt, Officially At 100.3% Debt/GDP, $14 Billion From Breaching Debt Ceiling
While not news to Zero Hedge readers who knew about the final debt settlement of US debt about 10 days ahead of schedule, it is now official: according to the US Treasury, America has closed the books on 2011 with debt at an all time record $15,222,940,045,451.09.
Calculated Risk | Report: Greek Debt Deal Near
The Greek government expects to wrap up talks seeking a 50% writedown on its debt owed to creditor banks by the end of this month.
