[S]ome economists believe that the outright collapse of the Euro could reduce GDP in its member-states by up to half and trigger mass unemployment, which could lead to widespread civil unrest and property losses. In that scenario, a recession/depression in Europe and the world would be closer to a probability of 100%.
Archive for November, 2011
November 28, 2011 03:22
The Threat of a Global Financial Collapse
In truth, we are looking at a coming global financial collapse with experts from Credit Suisse to the Deutche Bank, the CEO of General Motors to Warren Buffett, all in agreement that the question is not if, but when.
November 25, 2011 12:15
“We Can’t Wait” For the Media to Act Responsibly
[Media] have largely ignored or completely downplayed numerous stories that reflect quite negatively on the Obama administration. These stories include serious scandals, and outrageous political decisions meant to help ensure his re-election.
November 25, 2011 12:00
America’s Biggest Turkey Won’t Get a Pardon in 2012
He has most certainly turned out to be the biggest loser—a turkey—to hold the office of president. I can look back over my writings in 2008 and say “I told you so!” to anyone who voted for Obama.
November 25, 2011 11:50
RICH OR POOR – you decide
So, RICH or POOR at this moment, individual Americans are at all times and by innumerable means free (for now) to choose their own paths to wealth or poverty, are free to dream and to pay, or not to pay, the price of their dreams.
November 25, 2011 11:41
We Can Trust Us
Politicians bend truth like gravity bends light: the heavier the perceived need the greater the unperceived distortion. Lies can become so widely believed that truth is swallowed in truism.
November 25, 2011 11:26
EU climate insanity
MEP Hannan says “doom is almost upon us and here we are solemnly talking about these proposals massively to increase our debt and deficit and to pour more money into this climate project. It would be disastrous if we actually meant it.” In the midst of economic collapse there are still fools pushing the climate agenda as a way to increase control over all industry and commerce.
November 25, 2011 10:44
Bachmann – Obama has changed the course of history with Iran appeasement
Michele Bachmann reminds us that Iran has sworn to wipe Israel off the face of the earth. “Almost every decision that the president has made since he came in has been one to put the United States in a position of unilateral disarmament.”
November 25, 2011 10:22
Smuggling people and drugs in Arizona – video
Smugglers hide in the mountains of southern Arizona using radios to guide people and drug loads into the U.S. See more hidden camera border videos at secureborderintel.org
November 23, 2011 11:32
GE Barack channel shows bias against conservative women
The National Barack Channel (NBC) is owned by the king of crony capitalism, GE. GE is one of the top spenders on lobbying and paid no taxes on $14 billion in profits. Their lobbying efforts helped ban the light bulb and will require only CFL bulbs which they will make in China.
The National Barack Channel (NBC) is owned by the king of crony capitalism, GE. GE is one of the top spenders on lobbying and paid no taxes on $14 billion in profits. Their lobbying efforts helped ban the light bulb and will require only CFL bulbs which they will make in China.
