debt crisis

Biden Forgives

Christopher Weyant Apr 11, 2024 Dig deeper

Pelosi Blasted for Deal That Enables GOP to Thwart Progressive Plan

Jake Johnson / Common Dreams Jul 23, 2019 "It sets up a crisis of the first year of the next president's administration," a former congressional staffer says. Dig deeper ( 3 Min. Read )

German TV Sensationalized Greek Minister’s Flipped Bird, Says Cameraman

Alexander Reed Kelly / Truthdig Mar 18, 2015 German media pounced this week on footage of Greek Finance Minister Yanis Varoufakis raising a middle finger for foreign debt managers during a presentation on his country’s debt crisis. The man who filmed the talk says the clip was taken out of context to divert public attention from the substance of the crisis. Dig deeper ( 1 Min. Read )

Greece’s Economy Looks Like Germany’s After World War I

Alexander Reed Kelly / Truthdig Feb 16, 2015 “Austerity”—the redirection of funds away from government and public services and toward a country’s creditors—“has devastated Greece just about as much as defeat in total war devastated imperial Germany,” economist Paul Krugman writes in The New York Times. Dig deeper ( 1 Min. Read )

Greg Palast: How Obama Could End Argentina’s Debt Crisis

Alexander Reed Kelly / Truthdig Aug 9, 2014 "The 'vulture' financier now threatening to devour Argentina can be stopped dead by a simple note to the courts from Barack Obama," investigative journalist Greg Palast writes Thursday at The Guardian. "But the president, while officially supporting Argentina, has not done this one thing that could save Buenos Aires from default." Dig deeper ( 2 Min. Read )

The Debt Ceiling Circus: The Show Must Go On

Alexander Reed Kelly / Truthdig Oct 19, 2013 Rather than resolving the debt crisis, lawmakers' 11th-hour deal to raise the debt ceiling, which threatened to push the global economy over the edge, simply delayed it Financial Times chief economics commentator, Martin Wolf, tells Bill Moyers the US debt ceiling is “the legislative equivalent of a nuclear bomb aimed by the U at itself”. Dig deeper ( 1 Min. Read )

Debt Counseling Government

Tom Janssen, Cagle Cartoons, The Netherlands Aug 9, 2013 Dig deeper

Perpetual Dysfunction: How Republicans Govern

Eugene Robinson / Truthdig Jan 15, 2013 President Obama is set to begin his second term at a moment when the question is not what great things our nation can achieve but whether our government, in Obama's words, can "stop lurching from crisis to crisis to crisis." Dig deeper ( 3 Min. Read )

Handing Over the Baton

Paresh Nath, Cagle Cartoons, The Khaleej Times, UAE Jan 1, 2013 Dig deeper

Anti-Austerity General Strike Sweeps Europe

Alexander Reed Kelly / Truthdig Nov 14, 2012 Millions of Europeans are protesting spending cuts and tax increases during a continent-wide general strike that comes days after a 53-year-old woman in Spain committed suicide as she was about to be evicted. Dig deeper ( 2 Min. Read )

Merkel Wins Ruling on Injecting German Money Into Eurozone

Alexander Reed Kelly / Truthdig Sep 12, 2012 Germany’s Constitutional Court permitted Chancellor Angela Merkel to use German funds to buoy the economies of eurozone countries that have struggled in the continent’s nagging debt crisis. Dig deeper ( 1 Min. Read )