What we are witnessing is not only an economic and fiscal calamity in the making. It is as much a display of political dysfunctionality and moral cowardice as it is of inept fiscal policy. But the problem is not uniquely Obama's -- or Democrats'.
Dr. Doom has taken to the airwaves, warning policymakers as well as the public that there is a high probability that a perfect economic and fiscal storm will erupt in 2013. Read Post
The concept that a common currency can be used by 16 nations with vastly different economic and fiscal policies was sheer folly. The current Eurozone debt crisis is not only an acute economic and debt crisis. It is also political fa... Read Post