Greece must default and quit the euro. The real debate is how: A Greek default and exit must be taken in the people's interests – not entrusting the process to the EU, IMF and banks
IMF Sees 300 Billion-Euro Credit Risk to Europe Banks: The European debt crisis has generated as much as 300 billion euros ($410 billion) in credit risk for European banks, the International Monetary Fund said, calling for capital injections to reassure investors and support lending.
IMF Downgrades Growth Outlook for Canada: Canada's unemployment rate will climb higher through the rest of this year and in 2012, the International Monetary Fund (IMF) said on Tuesday
Moody's downgrades three US banks: Moody's Investor Service has downgraded the debt ratings of three major US banks, amid worries over the lack of government support for top lenders in case of crisis.
A rough 10 years for the middle class: - It's official. The first decade of the 21st century will go down in the history books as a step back for the American middle class.
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