More European Woes

Europe seems to be having additional problems within the EU banking system (no surprise there, as a lot of its debt has not been publicly realized yet).  Irelands banks are constantly needing additional bail outs, as well as Greece.  The cost of borrowing is increasing, as getting buyers to fund debt becomes more difficult.  This is just a taste of what is to come for the U.S. if we do not contain our debt.  [ Read more ... ]