US: 46 States Face Greek-Style Debt Crises

Warren Buffett, Arnold Schwarzenegger and Jacob RothschildThe Greatest Depression is here.Arnold Schwarzenegger, governor of California, speaks to the state assembly about his proposed budget in Sacramento, California. Californians don’t see much evidence that the worst economic contraction since the Great Depression is coming to an end.Unemployment was 12.4 percent in May, 2.7 percentage points higher [...] continue reading world news