The biggest risk is that created by our own politicians and institutions – by those we trust to somehow protect us from risk.
Post Tagged with: "European fiscal crisis"
May 3, 2013 05:49
Global Recession Looms – Result of Spending & Debt
Every facet of global manufacturing is slowing …
March 30, 2013 11:52
Cyprus Has Finally Killed Myth That Liberal Government Is Benign
Oh, you’ll read the stories about how many medications aren’t being imported in Greece, sheets are being re-used in hospitals, suicides have skyrocketed, and trash collection is erratic at best, but these articles are few and far between. The dire conditions and the depopulation of Ireland and Latvia get even less press.
March 18, 2013 13:12
After The Banksters Steal Money From Bank Accounts In Cyprus They Will Start Doing It EVERYWHERE
How would you feel if you woke up someday and 40% of all your money had been taken out of your bank accounts?
January 8, 2013 06:20
Youth Unemployment — The Scariest Numbers In Europe
What’s really scary are these heart-stopping youth unemployment numbers. – Business Insider
November 20, 2012 06:54
“Entirely Self-Made” Debt Crisis; I Love My Family But …
The average 7th grader likely understands that he cannot spend more money than he has for years on end. The average economist does not.
November 15, 2012 08:13
Austerity Riots Coming to a City Near You
After two generations of entitlement indoctrination, the socialist welfare state is collapsing under its own unaffordable weight. It is the inevitable result of socialism. Too many Americans still vote a party because of a generation of propaganda molding their beliefs. Too many Americans are still willing to sell their vote and their freedom for a hand out in the form of a tax credit, healthcare, pension bailout, school loan, farm subsidy or a thousand other imagined benefits from a morally and fiscally bankrupt government as long as it is paid for by ‘someone else’.
October 10, 2012 05:58
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
October 8, 2012 06:44
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.
September 13, 2012 08:07
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.
