If you’re not both angry and scared at the world’s current situation, you’re not paying attention.
Post Tagged with: "European financial crisis"
June 19, 2012 07:06
The Real End Game, We’re Coming To The End
“We’re coming to the end of government’s ability to borrow money to fund current spending that’s beyond the growth of their economy. … So governments are going to have to live within their means. Not just in European countries, not just in Britain, not just in Japan which has its own problems that will be coming to us next year, not just in France which will be the headline in 2 years, but also in the US.” – John Mauldin at King World News
June 18, 2012 14:32
Forget The Election Results – Greece Is Still Doomed And So Is The Rest Of Europe
Right now the ingredients for a “perfect storm” are developing in Europe. Government spending is being slashed all across the continent, ECB monetary policy is very tight, new regulations and deteriorating economic conditions are causing major banks to cut back on lending and there is panic in the air.
June 14, 2012 06:21
Spending and debt causing global slowdown
Albert Einstein said insanity is doing the same thing over and over again and expecting different results. Can we stand four more years of economic insanity?
June 12, 2012 08:05
Thatcher proves prescient on EU crisis
“Mrs. Thatcher foresaw with painful clarity the devastation it was bound to cause. Her autobiography records how she warned John Major, her euro-friendly chancellor of the exchequer, that the single currency could not accommodate both industrial powerhouses such as Germany and smaller countries such as Greece.” Thatcher predicted the currency would harm poorer countries because it would “devastate their inefficient economies.” – Washington Examiner
June 11, 2012 05:13
Spain and The Runaway Euro Bailout Train
The situation has become so critical that European leaders reportedly are working on the issuance of joint euro bonds to rescue euro. That might save the euro, but here’s one scary question for all–How long can this bailout train and money printing press keep on running?
June 5, 2012 08:58
21 Signs That This Could Be A Long, Hot, Crazy Summer For The Global Financial System
Economic activity and lending are slowing down all over the planet, and fear is starting to paralyze the entire global financial system.
May 31, 2012 04:55
Eurozone Retail Sales Crash: Record Declines in France and Italy, Overall Revenues Drop at Near Record Pace
This should bury the notion the eurozone recession will be short and shallow.
May 30, 2012 07:22
25 Signs That The Smart Money Has Completely Written Off Southern Europe
It is becoming increasingly clear that the upper crust of the financial world considers a Greek exit from the euro to be “inevitable” and that it also considers much of the rest of southern Europe to be a lost cause. Unfortunately, a financial collapse across southern Europe is also likely to trigger another devastating global recession.
May 24, 2012 17:02
Drachma drama as Europe nears chaos
Is this the beginning of the end of the Eurozone? Will the chaos bleed over to the U.S.? Aren’t you glad Obama has a Nobel Peace prize?
