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Sifting Through the Sovereign Debt Issue with Macquarie

Readers of economic history can look back to several examples of sovereign crisis: Argentina, Russia, Asia to name but a few. However, what we are witnessing at present is on a different scale.

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Argentina says it was much better off without IMF advice

WASHINGTON, April 24 (Reuters) - Argentina said on Saturday it was better off free from the shackles of the International Monetary Fund, which it blames for contributing to its $100 billion debt default. "we can proudly celebrate that we have cemented our economic independence as never before in our recent history."Greeks should listen carefully

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Government and the Economy - A History Lesson Worth Learning

Argentina tried many of the same economic programs under Peron, that Obama is trying. The end result was that Argentina went from a thriving economy with a large middle class to a banana republic. That may be the way we're headed.

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"Do not hold everything as gold that shines like gold."

by Alain de Lille

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Baltimore: port town and industrial center was founded (1729)

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