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Mr. Barroso, says US banks are behind eurozone crisis

BusinessDaily.eu – By Mikkel Roland Egesberg – Hardly a day goes by, where we don’t hear about the socalled “Euro crisis”. Let’s say it from start, the economic crisis we see right now, did not start...

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USA don’t do trade. Americans live on borrowed money

BusinessDaily.eu – By Mikkel Roland Egesberg – If we look at the trade numbers from USA, the US has had trade deficits in all years since the beginning of the stats in 1987 on census.gov. Below we see...

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US Federal debt

BusinessDaily.eu – By Mikkel Egesberg – In this article we will look at the holders of US federal debt. Let’s start by looking at how the Federal debt has developed since 1970 to 2012 in percentage of...

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The US Federal debt crisis

BusinessDaily.eu – By Mikkel Roland Egesberg – We hear a lot about the socalled “euro crisis”, but what about the “US fiscal cliff”, which is a different name for the same thing? In this article we...

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“European debt crisis” dwarfed by US debt crisis

BusinessDaily.eu – By Mikkel Egesberg – I think there is too much focus on the socalled “European debt crisis” by European and especially the US media. The average EU(27) debt to GDP is 84,9% of GDP,...

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