Tag Archives: default

Could China’s House of Cards Finally Collapse?

I’ve been writing about China’s bubble economy for over a decade, from the housing bubble to the Ghost Cities and even ghost collateral. And now China’s entire house of cards appears to be trembling thanks to a company called Evergrande, … Continue reading →

Posted in Communism, Economics, Foreign Policy | Tagged , , , , , , , , , | 3 Comments

Greece Officially Defaults on IMF Payment

And verily it came to pass. Greece lost its financial lifelines Tuesday, as the country missed a crucial payment to the International Monetary Fund amid growing questions about whether it would be able to remain in the euro zone. Greek … Continue reading →

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EuroDoom Roundup: Waiting for the Inevitable Greek Default

You know the problem with doing one of these roundups on the European Debt Crises? I can search for “Euro” just about anytime of the day and night on Google News and come up with a dozen things I could … Continue reading →

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More Greek Default Rumblings

Actually, less rumblings than the roar of an approaching train. And since I temporarily seem to be ahead of the latest Ace of Spades Doom roundup, I’m going to try and give you a nice clear view of the coming … Continue reading →

Posted in Budget, Economics, Foreign Policy, Waste and Fraud, Welfare State | Tagged , , , , , , , , , , , , , , | 1 Comment