In the meantime, the European Union remains a laboratory study of global governance and economic control gone awry. The question remains, are Americans paying attention to this powerful lesson?
Post Tagged with: "Euro"
European Banks Facing Disastrous Sell Off
That would hurt credit and crimp growth by 4 percentage points next year in Greece, Cyprus, Ireland, Italy, Portugal and Spain, Europe’s periphery. – Bloomberg
The Largest Economy In The World Is Imploding Right In Front Of Our Eyes
If you believe that Barack Obama, Mitt Romney or Ben Bernanke can somehow magically shield us from the economic shockwave that is coming then you are being delusional.
Eurozone Steepest Contraction Since June 2009; Unwarranted Hope and Reflections on Panic! Economists Can Neither Think Nor See
The global recession which started in Europe, is strengthening led by further declines in the eurozone.
Why OMT Cannot Possibly Solve Anything; Monti Warns Italian Unions; Over 200,000 Jobs at Risk; Italy’s Insane Labor Rules
The first structural problem is preposterous labor work rules in Italy, Spain, and Greece. The second structural problem is the ECB and the euro itself. One size interest rate policy cannot possibly work in a mix of cultures and work rules.
Euro as Dodo Bird
We are on the verge of a complete break-down, one that is unavoidable no matter how much political gobbledegook is used to try to convince otherwise.
Some Of The Really Bad Things That Could Happen If You Do Not Prepare For The Coming Economic Collapse
We all need to get mentally, emotionally and spiritually prepared for what is ahead.
Strategic Petroleum Reserves: The New Monetary Tool?
If the ECB is going to target an interest rate for Spanish Bond Yields on the 10=Year why not set actual targets for Oil as well.
How politicians ( like Obama ) destroy jobs
A message for Obama from the European Parliamentarian Daniel Hannan on the destructive jobs policies of government spending.
Germany in Recession: Private Sector Sees Fastest Falls in Output and New Business Since June 2009; New Export Orders Collapse
The vaunted German export machine is sinking into the abyss.