In response to:

Uh Oh: Eurozone Enters Recession for Second Time Since 2009

Henry VIII Wrote: Nov 15, 2012 3:47 PM
We need a serious economics course requirement for at least 51 percent of the electorate...the rich and the middle class have already paid for the messiah's mistakes once, now we have to pay again?
Learning_Community_Party Wrote: Nov 15, 2012 3:52 PM
Interesting point. How does that affect our influence in global markets?
Buck O Wrote: Nov 15, 2012 3:53 PM
Learning_Community_Party Wrote: Nov 15, 2012 4:09 PM
Great question. How does what we tax the rich influence the global economy.

Who's up for one more piece of worrisome economic news today?  Katie's already caught you up to speed on the dramatic increase in weekly jobless claims (we'll need to see some additional post-Sandy data points to determine if this is a trend or an outlier), and Kevin ran through some of the basic figures behind our impending fiscal cliff.  Let's hop across the pond to open door number three:

The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and...