Nassim Nicholas Taleb: Situation worse than 2008

The ‘Black Swan’ author says that sovereign debt burdens are much bigger now.

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Greece debt: Germany and France don’t see eye-to-eye

Merkel wants to gear up for a default, but Sarkozy does not want Greece to go down the tube—French banks have too much at stake.

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Bio-fuels: More hype than substance

Technology for converting various inputs into usable energy resources has a long way to go before it becomes a viable alternative to fossil fuels.

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