Troubles in Europe Continue to Cause Alarm

I am continuing to watch the situation with the Euro and the so-called Euro Zone, still being rocked by financial turmoil.  In Senate testimony last week, according to a news source, former International Monetary Fund official, Simon Johnson, startled members of the Foreign Relations Subcommittee on European Affairs with testimony that the current bail-out plans will not work, that there isn't enough money to bail out all the various troubled economies.  This contradicts testimony by Treasury Secretary Geithner who has said U.S. bank exposure to Europe is "limited." 

I will keep a wary eye on this situation.  If any reader knows of any reliable source of up-to-date, non-biased information, please assist by contacting me through the comment button below.  In the meantime, I will be searching out the best sources of information I can find.  It's very much one world now financially and to be prepared citizens we must know precisely what is going on in Europe.