crisis

  • November 28, 2011  

    The debt crisis in Europe that, until now, has threatened individual countries, now threatens the continent’s common currency. Jeffrey Brown discusses Europe’s debt woes and the euro’s future with European Commission President Jose Manuel Barroso. Continue reading

  • August 16, 2011    

    With the eurozone in such obvious economic turmoil, we turn to former chief IMF economist and longtime friend and favorite of Making Sen$e, Simon Johnson (Peterson Institute, MIT). We asked him a series of pressing questions: Paul Solman: Is the … Continue reading

  • August 10, 2011    

    Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Sorry I didn’t post Tuesday, amidst all the turmoil. I was giving a speech at Chautauqua, monitoring … Continue reading

  • August 4, 2011    

    A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me … Continue reading

  • August 3, 2011    

    Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Photo … Continue reading

  • August 3, 2011    

    Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Photo … Continue reading

  • July 29, 2011    

    A fascinating set of graphic debt data, courtesy of the New York Times. Meanwhile, amidst all the scare talk of a bond rate crisis, has anyone noticed that the bond market is rallying mightily today? As of 4 pm, the … Continue reading

  • July 25, 2011  

    A United Nations donors conference set for Wednesday in Nairobi will try to raise as much as $1 billion in aid for the food crisis plaguing the Horn of Africa. Independent Television News’ Marin Geissler reports from Kenya where hundred of thousands of refugees have fled from Somalia in search of food, water and medical care. Continue reading

  • July 12, 2011    

    Daily U.S. Government Income and Expenditures: Use the slide bar to see how Treasury’s cash deficit is projected to grow if the debt ceiling is reached, starting with Aug. 3. Mouse over the red points to see the running deficit … Continue reading

  • July 8, 2011    

    Goodness! U-7, our own measure of under-and unemployment, shot up to 18.6 percent this morning, a rise that gets us back near the number when we first inaugurated the Solman Scale last December. This morning’s job numbers: only 18,000 added … Continue reading