Fear and the global debt problem

By Paulo Winterstein SAO PAULO (Dow Jones)--The Brazilian real weakened to the lowest level against the dollar in two months and stocks plunged more than 8% on Monday after the US had its credit rating cut and on continued concerns about the debtStandard & Poor's Friday downgrade of the U.S. credit rating sparked the expected selloff in New York Monday, but the depth and ferocity of the nosedive was also driven by a fundamental rethink of America's economicAn electronic billboard

Read more ...