One of the key problems in understanding debt obligations is the relationship between the interest rate and the financial obligations. Compound interest is among the most commonly used phrases, yet least understood.
The question of how currency unions break down has come to the forefront of the European debt crisis. The particular concern is Greece ceding from the Eurozone.
I have been following the Greek crisis and have posted a significant number of the news articles regarding Greece to my Twitter feed (which is linked on this page). Continue reading
The Royal Bank of Canada (RBC) has seemingly created their own formula for assigning a number to the relative risk of sovereigns of default.