Tag Archives: budget deficits

Central Banks Fighting Deflation Worldwide

Central banks in Europe, Japan and  the U.S. are fighting deflationary forces by easing monetary policy and financing government debt.  This may change their roles and expectations in the future as they move closer to the areas of fiscal policy … Continue reading

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‘Major transformations’ coming to Canada’s pension system says Harper

Harper said the country’s aging population has become a backdrop for his concern about how to keep the country strong over the long term. “If not addressed promptly, this has the capacity to undermine Canada’s economic position and, for that … Continue reading

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Central Falls, Rhode Island, bankruptcy

Central Falls in Rhode Island bills itself as “a city with a bright future”. Its present looks grim. The tiny city of 18,000 people claims to be the smallest, most densely populated in the US. Now it has another claim … Continue reading

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Greek bailout could worsen EU debt crisis, warns Moody’s

Although the credit ratings agency stopped short of naming Spain and Italy, Moody’s was referring to them when it said that for some “non-Aaa sovereigns with high debt burdens or large budget deficits… the negatives will far outweigh the positives … Continue reading

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