[I]t warned that the world remains at risk of collapsing into a slump that would rival the Great Depression – with ‘acute risks in Europe’ the major threat. – Mail Online
Post Tagged with: "European debt"
April 13, 2012 13:42
27 Statistics About The European Economic Crisis That Are Almost Too Crazy To Believe
Americans should pay close attention to what is going on in Europe, because this is what it looks like when a debt party ends. Most of the nations in the eurozone have just started implementing austerity, and yet unemployment in the eurozone is already the highest it has been since the euro was introduced.
March 26, 2012 04:53
Spain could reignite the European debt crisis
The euro crisis has eased after the European Central Bank last month boosted liquidity through three-year loans to banks, while European Union leaders this month sealed a second Greek bailout package. – Bloomberg.com
March 17, 2012 10:20
Spain Will Implode – It’s a Wonder it Hasn’t Already
Not only are published GDP figures a lie, so are published debt figures. The result is a complete farce in debt-to-GDP accounting. – Mike “Mish” Shedlock
March 9, 2012 05:54
Investors to lose up to 74% in Greek debt swap
Greece has said it has received enough backing to push through the largest restructuring of government debt in history. – BBC News
February 22, 2012 05:18
8 Reasons Why The Greek Debt Deal May Not Stop A Chaotic Greek Debt Default
[T]he new debt deal imposes such strict conditions on Greece that it is almost inevitable that Greece will fail to meet some of them. When Greece does fail, Germany and the other northern European nations may try to claim that they “did everything that they could” but that Greece just did not “live up to its obligations”.
February 21, 2012 06:55
Leaked Memo Blows The Lid Off Of The Entire Greek Bailout
Again, basically what it shows is that European leaders can’t deny what everyone sees as obvious: That everything undertaken so far is destroying the Greek economy, and that further reforms will only make it worse. – Business Insider
February 20, 2012 16:09
Greece in Chaos – It’s Where We Are Headed Under Obama
Many are warning us including Obama’s own debt commission. Obama continues to ignore the obvious consequences of multi-generational debt. It’s almost as if he really wants America to crash and burn.
January 24, 2012 06:43
IMF Warns of Global Depression If Governments Don’t Pay Up
She never mentioned Germany and the US by name, but those were her prime targets. “It is about avoiding a 1930s moment,” she said at the German Council of Foreign Affairs in Berlin, “a moment, ultimately, leading to a downward spiral that could engulf the entire world.” – Testosterone Pit
January 19, 2012 07:31
Warning Signs That We Should Prepare For The Worst
The vast majority of people out there only believe what they want to believe. They don’t want to believe that a great economic crisis is coming, and so when it does happen they are going to be absolutely blindsided by it.
