News by Tag: Debt Crisis


European Bank on the Brink of Collapse, Crisis Worsens, Says Leading Financial Newsletter Profit Confidential
January 13, 2012
According to popular financial newsletter Profit Confidential, the debt crisis in the eurozone has become a banking crisis. UniCredit now needs to raise capital through the issuance of stock.
Analyst for Profit Confidential Newsletter Reveals Why 2011 Was a Dud
January 4, 2012
As 2011 came to a close, George Leong, contributor to popular financial newsletter Profit Confidential, analyzed the year and why the forecasts have slightly missed their mark.
U.S. Treasuries: A Once-in-50-year Event
August 24, 2011
For about 50 years, the 10-year U.S. Treasury never traded below a yield of two percent. This past Thursday morning, the yield of the world's most popular government bond hit 1.99% for the first time in more than 50 years.
The Debt Crisis Continues--It's Like a Credit Card Shopping Spree After Losing Your Job
August 22, 2011
The credit crisis in the U.S. and globally is growing by the day. It's the same thing as being able to service a credit card with a large outstanding balance.