Advance Center

Moody’s ratings agency has changed the Eurozone’s outlook from stable to negative, warning it faces being downgraded. That’s despite relentless meetings between EU leaders, which have so far failed to deliver any solutions. And a leaked email suggests that the Troika of international lenders want Greece - one of the most debt-stricken countries, to work [...]

GOVERNMENT CUTS will FORCE the UK’s POOREST even deeper into DEBT! Despite being in work, millions of Britons earning just the legal minimum wage are forced to live well below the poverty line. As the British government tries to deal with a huge budget deficit, planned cuts will force the UK’s poorest, deeper into debt [...]

GOVERNMENT CUTS will FORCE the UK’s POOREST even deeper into DEBT! Despite being in work, millions of Britons earning just the legal minimum wage are forced to live well below the poverty line. As the British government tries to deal with a huge budget deficit, planned cuts will force the UK’s poorest, deeper into debt [...]

The importance of the negative credit outlook from Moody’s lies less in the realm of financial markets, given how little investors seem to value the views of the credit rating agencies. Rather the major importance lies in the policy and political reactions to the rating actions.. There is a risk of popular (not political leadership) [...]

Abridged version of a thorough investigation and review of the magnitude of the Federall debt in the United Sates and the dire consqeuences that can ensue.