Japan Snaps Back, Moody’s Drops Credit Rating. Huh?
This week Japan became the latest nation to get a downgrade from one of the rating agencies that seem to whizz around the world pronouncing this economy or that unworthy of its previous status. On Wednesday, Moody’s dropped Japan from…
How to Put a Dent in Deficits—and Make Real Money
The federal government and almost all 50 states are constantly searching for solutions to gaping budget deficits. And U.S. corporations are sitting on piles of cash estimated at around $2 trillion. So is there some mutually beneficial intersection here? If…
Greek Debt: How Much for the Acropolis?
Greece is for sale. But is a sell-off of public assets a wise and politically viable solution to an Olympian debt crisis– especially since a dramatic divide is emerging between the government and the citizens it governs? As the daily…
Japan’s Crippled Economy: Signs of a Snap-Back
Not quite two months after the earthquake-tsunami-nuclear disaster entered the record books as Japan’s worst tragedy since World War II, the economic picture is becoming clearer. It’s a bigger-than-expected blow for corporations, suppliers, consumers, taxpayers, and many others. In fact,…
U.S. Budget Crisis: Lessons from the Brits
The government shutdown may have been averted, but the fiscal dispute confronting Washington is about to get even louder. Congress once again has to agree to raise the debt limit or default on our obligations which could have “catastrophic” consequences for…
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