CEPR co-director Mark Weisbrot lays out the roots of Argentina’s latest economic crisis, which have to do with the government’s massive foreign borrowing spree, deepening austerity measures, and rising Federal Reserve interest rates
Former Greek MP Costas Lapavitsas says Greece has been reduced to a ‘weak and marginal Balkan economy’
On top of the devastating impact of recent hurricanes and an ongoing debt crisis, Puerto Rico’s Medicaid funding will run out as early as the end of the year unless Congress acts explains CEPR’s Mark Weisbrot
The Puerto Rico debt bill “will impose a fiscal control board that is going to watch out more for the billionaires and millionaires in Wall Street than it is going to watch out for the millions of Americans living on the island,” said activist Julio Lopez. The legislation will create a federal oversight board appointed…
Interests payments on US debt are at an historic low.