US Treasury reveals America is insolvent and famed economists warn of ‘fiscal catastrophe.’ Is your portfolio prepared?

Saul Loeb/ Getty Images; Kevin Dietsch/ Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. America’s mounting debt has long raised concerns. But following the Treasury Department’s latest report, some experts say the situation has reached a breaking point — the nation is now effectively “insolvent.”…

Dutch bankruptcies fall as 266 companies go under in July

The number of corporate bankruptcies in the Netherlands declined in July, with 266 companies going under. That was 33 fewer than a year earlier, representing an 11 percent decrease, according to Statistics Netherlands. The bankruptcy rate also fell in July, dropping to 7.1 bankruptcies per 100,000 companies, compared with 8.1 a year earlier. The bankruptcy…