Showing posts with label Greece. Show all posts
Showing posts with label Greece. Show all posts
Monday, November 14, 2011
Monday, May 17, 2010
Volcker Sees Euro ‘Disintegration’ Risk From Greece
By Simon Clark
May 14 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker said he’s concerned that the euro area may break up after the Greek fiscal crisis that sparked an unprecedented bailout by the region’s members.
“You have the great problem of a potential disintegration of the euro,” Volcker, 82, said in a speech in London yesterday. “The essential element of discipline in economic policy and in fiscal policy that was hoped for” has “so far not been rewarded in some countries.”
European leaders pledged a rescue package of almost $1 trillion this week to counter a mounting debt crisis and restore confidence in the currency. Former U.S. Treasury Secretary John Snow said this week the euro may need a common fiscal policy to survive, a comment echoed by Norman Lamont, who was U.K. finance minister when Britain opted out from the euro in 1992.
Labels:
End of The EURO,
Europe,
Financial Crisis,
financial terrorism,
Greece
Friday, May 14, 2010
Global Currency Crisis
The global financial crisis is now officially turning into a currency crisis as predicted by Ron Paul and others years ago. With the new $1 trillion E.U. rescue package, central banks around the world are printing money out of thin air to prop up a failing system. The idea that American citizens are paying to bail out Europe is astounding. The Federal Reserve and other central banks are intentionally devaluing currencies worldwide to bring in a new international reserve currency regulated by them. In other words, the people who caused the crisis are coming in and offering the solution giving them total control over the world's monetary system. This fraudulent, corporate looting is transferring wealth from ordinary citizens to the ultra-rich, consolidating global power. This is unprecedented in world history. Please support Ron Paul's bill to audit the fed and research these topics for yourself.
Labels:
currency crisis,
Economic Collapse,
Global Economy,
Greece,
Ron Paul,
The Fed
Tuesday, May 11, 2010
Monday, May 10, 2010
Tuesday, May 4, 2010
Monday, April 5, 2010
Tuesday, March 23, 2010
Friday, March 12, 2010
Fitch warns Britain and questions Greek rescue as sovereign risks grow
Fitch Ratings has delivered a serious blow to the credibility of the Government's budget plans, warning that Britain risks a loss of investor confidence and erosion of its AAA rating unless it maps out clear austerity measures.
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Labels:
banksters,
British Empire,
Corruption,
Economic Collapse,
Europe,
Financial Crisis,
Greece,
USA,
Wall Street
Wednesday, March 10, 2010
Thursday, March 4, 2010
Thursday, February 18, 2010
Keiser Report №18: Greece is Irrelevant, We Are All Now Insolvent
As Dylan Greece of Soc Gen has accurately illustrated, our governments are already insolvent – what’s “off balance sheet” (Social Security, Medicare, etc.) dwarfs current White House projections, which just account for liabilities “on the balance sheet.”

Wednesday, February 17, 2010
2010—Grim Economic Predictions For What May Be the Tipping Point Year
| James Quinn | January 4th 2010 |
Cutting Edge Economic Crisis Analyst
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Tuesday, February 16, 2010
Wednesday, February 10, 2010
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