Markets

MORGAN STANLEY: This Is What Will Happen To Government Deficits Over The Next Two Years

[credit provider=”Hulton Archive / Getty Images” url=”http://www.gettyimages.com/detail/news-photo/under-the-care-of-nurses-a-group-of-doctor-barnardos-news-photo/3314122″] European nations are forcing austerity on their people in a bid to cut government deficits. Meanwhile, the super committee’s failure to reach a deal on federal deficit cuts has left the U.S. with $1.2 trillion in automatic spending cuts that will kick-off in […]
MORGAN STANLEY: This Is What Will Happen To Government Deficits Over The Next Two Years
Markets

The Real State of Government Deficits In The Eurozone

[credit provider=”AP Images” url=”http://www.apimages.com/OneUp.aspx?st=k&kw=world%20trade%20center%20philippe&showact=results&sort=creationdatelower%3Areversealphabetical&intv=None&sh=10&kwstyle=and&adte=1315594437&pagez=60&cfasstyle=AND&rids=5647005b64e5da11af9f0014c2589dfb&dbm=PY2000&page=1&xslt=1&mediatype=Photo”] Governments operate on deficit budgets all the time, looking for returns in the long run. But when that deficit becomes structural, and economic growth can’t keep pace, federal governments need to rein in spending. German chancellor Angela Merkel, and French president Nicolas Sarkozy, are pushing for a […]
The Real State of Government Deficits In The Eurozone