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.
Post Tagged with: "European fiscal crisis"
August 10, 2012 08:03
How politicians ( like Obama ) destroy jobs
A message for Obama from the European Parliamentarian Daniel Hannan on the destructive jobs policies of government spending.
July 10, 2012 09:49
A Eurozone Crash Is Baked In The Cake
Those governments are all bankrupt. But much more serious than financial bankruptcy is their total moral and intellectual bankruptcy. At this point the Europeans are so craven and degraded they deserve to be indentured servants of the Chinese, which they will be.
July 2, 2012 07:51
EU band-aid won’t stop bleeding to death
The truth is that the financial crisis in Europe has not been cancelled – it has just been put off for a few weeks or a few months.
June 27, 2012 04:37
After the Sovereign Debt Crisis Comes the Deleveraging
[M]any nations, after the storm of debt/banking crisis, will need to implement various government austerity programs, and households will commence debt deleveraging–a long and painful process.
June 25, 2012 10:22
MEP Farage agrees EC president is a communist
MEP Nigel Farage agrees that the European Commission president is a communist. Farage also calls him a complete “idiot.” Farage and other conservatives see the Eurozone as an attempt to create a socialist centralized government similar to the old Soviet Union. Earlier from usACTIONnews.com: EC President Barroso told G20 attendees “This crisis was not originated in Europe … this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, […]
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 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?
May 29, 2012 11:14
What If California Were Greece?
What if California behaved like Greece and the rest of the US was asked to pay for its debts and other obligations? What would ensue?
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?
