Subprime crisis costs global $7.7 trillion...
Depression Risk Might Force U.S. To Buy Assets
By John Parry
Fear that a hobbled banking sector may set off another Great Depression could force the U.S. government and Federal Reserve to take the unprecedented step of buying a broad range of assets, including stocks, according to one of the most bearish market analysts. Continue
U.S. deficit running at twice last year's: Federal spending also rising at faster pace than last year
U.S. mortgage crisis spreads beyond subprime loans: As the world's largest economy grapples with the worst housing slump in two decades, people with good credit histories are falling behind on house payments, auto loans and credit cards at an accelerating pace.
Thomas Edison On Govt Created Debt-Free Money
Bernanke Says Economic Outlook Is Worse
Depression Risk May See Feds & Fed Buy America
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