James Saft is a Reuters columnist. The opinions expressed are his own.
HUNTSVILLE, Ala. – Right about now, even the most committed capitalist investor ought to be hoping for one thing: that labor soon has the upper hand.
You can lie to taxpayers or you can lie to creditors, European authorities are learning, but doing both at the same time is very hard.
The good news is that the European Central Bank will probably start a massive additional round of quantitative easing to fight the break-up of the euro zone.
From Dublin to Paris to Budapest to inside those brown UPS trucks delivering holiday packages, it has been a tough few weeks for savers and retirees.