When you put the word “super” in front of anything, you’re expecting great results. So you know that Congress meant strictly business when it appointed a super committee to try to put an end to the debt crisis that the U.S. has gotten into. How did they fair?
The European Union’s $955 billion bailout plan to avert a world-wide public debt crisis fueled rallies in financial markets around the globe yesterday. Some economists worry that the agreement to bail out troubled members will saddle the euro zone with huge debts.