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Kurt Nimmo During a speech in 2006, Soviet dissident Vladimir Bukovksy referred to classified documents held by the Politburo and the Central Committee. The confidential documents spelled out a plan to turn Europe into a totalitarian super-state. In 1989, during a visit by a Trilateral Commission delegation sent to convince Mikhail Gorbachev to turn Russia over to globalist loan sharks at the World Bank and IMF, the former French president Giscard [...] Kurt Nimmo During a speech in 2006, Soviet dissident Vladimir Bukovksy referred to classified documents held by the Politburo and the Central Committee. The confidential documents spelled out a plan to turn Europe into a totalitarian super-state. EU moving the scour internet of its political enemies. In 1989, during a visit by a Trilateral Commission delegation sent to convince Mikhail Gorbachev to turn Russia over to globalist loan sharks at the World Bank [...] Goldman Sachs Chief European Economist Huw Pill exposes a terrible irony about the eurozone in a video filmed this month: at the signing of the Maastricht Treaty, both those who loved and hated the prospect of a European Monetary Union actually thought that the euro would see a crisis that would test its structural basis eventually.
The key difference between their viewpoints consisted of their approval or rejection of the progress that [...] Wolf Richter www.testosteronepit.com “While Eastern Europe is largely implementing the necessary reforms, Southern Europe does almost nothing—except complain,” said Bulgarian Finance Minister Simeon Djankov in an interview, a withering blast aimed at neighboring Greece. And in Greece, “The risk of bankruptcy is still existent,” said Fotis Kouvelis, the leader of Democratic Left, smallest of the three parties in the coalition government. His way of reminding the bailout Troika—the EU, the European Central Bank (ECB), and the [...] Paul Krugman Urges Irish Voters To Reject The Fiscal Pact Referendum NOBEL PRIZE-WINNING ECONOMIST Paul Krugman has advised Irish voters to vote No in Thursday’s referendum on the Fiscal Compact. “I’ve thought about it, it’s hard. I would say vote No,” he said on BBC Radio 4 this morning. Krugman dismissed the suggestion that a No vote would anger Germany and see Ireland cut off from bailout funds or from the Eurozone. “At [...] From FT:
The Nobel Prize-winning professor of economics talks to Martin Wolf about what Japan got right, what the Federal Reserve got wrong and how the eurozone can be saved
I enter the Landmarc restaurant, at the Time Warner Center, on Columbus Circle, New York, where I have agreed to meet for lunch with Paul Krugman, the 2008 Nobel laureate in economics, Princeton professor of economics and international affairs, and liberal columnist of [...] Economic Debunker Steve Keen is interviewed by outspoken Irish journalist Vincent Browne and no holds are barred as he describes the Maastricht Treaty as a suicide pact of critically poor central-planning design of a supposed market-economy, based on financial crises never occurring, locking European governments into an austere path when stimulus is required. “Ultimately the Euro has to fail and the longer we continue the farce of believing we can make it function the larger [...] As I discussed recently, the costs and risks of maintaining the eurozone system are already immense and rising. So is an exit possible? Intuitively, the exit from the euro should be as easy as the entrance. Joining and leaving the club should be equally simple. Leaving is just undoing what was done before. Indeed, many popular articles discuss the prospects of an exit of countries such as Greece or Germany.[1] However, other voices have [...] by Siobhan Dowling In recent months, German Chancellor Angela Merkel has been using the urgency posed by the euro zone’s debt crisis to reshape Europe’s economies, largely to conform with a particular quirk of German economists: disdain for government debt. For now, Merkel appears to be getting her way. Late last month, 25 of 27 EU states obediently signed up to play by her rules when they agreed to pan-European fiscal union. If [...] kingworldnews.com With continued volatility in global markets, today Michael Pento, of Pento Portfolio Strategies writes for King World News to let KWN readers globally know what to expect in the coming year, “The original parameters used to construct the European Monetary Union were set up by the Maastricht Treaty of 1992. The Treaty on European Union contained strict limits on debt and deficits. In particular, deficits were not to exceed 3% of [...] Submitted by cpowell on Tue, 2011-11-22 13:38. Section: Daily Dispatches By Jack Farchy
Ever since the eurozone bond markets first started to get the jitters, hedge fund managers have been whispering that gold could play a part in resolving the crisis. Until recently this discussion has mainly been the preserve of gold market conspiracy theorists and backbench German politicians. But now the use of gold to fund a eurozone bailout is [...] kingworldnews.com With continued volatility in all the markets, King World News interviewed five time Graham & Dodd Award Winner, Rob Arnott, who oversees more than $80 billion as the Founder & Chairman of Research Affiliates. Rob sub advises the Pimco All Asset Fund and mutual funds and ETFs for Schwab, Powershares and Nomura. When asked about the latest crisis in Europe, Arnott stated, “It’s very simple, countries had an obligation to [...] Germanys reluctant taxpayers support of these weaker countries is collapsing. The massive overvaluation of the Euro is a crisis fraud. It is an unconscionable theft of taxpayer’s money to avoid the inevitable default of a major country like Italy or Spain and a run on its banks. This time the situation is serious there is no bailout option unless the Euro is revalued or at least devalued [...] By Patrick Henningsen In the not so distant past, dozens of nations were queuing up to join the European Union and the prospect unlimited economic growth and opportunity. Today, that prospect has been left wanting by a succession of economic failures and predatory institutional lending in the Eurozone. Speaking at an economic summit in Austria this week, Czech Republic President, Vaclav Klaus, has likened being [...] The huge 70%+ jump priced in soaring profits from a worldwide bailout. Now it needs to look forward to what appears to be a currency crisis in Greece that could have a domino effect. Too little time has passed since the “greatest economy ever” turned into a near total collapse. Solidarity is needed in Europe as I don’t think that it’s just the PIIGS that are working against the Euro. I [...] Oh goody we have sent in the savior, the IMF! Time to crack open the champagne because there is NO need to worry. This is the entire problem with the GLOBAL ECONOMY. The world has spent like drunken sailors, the world has spent all they can spend, bought above their means, lived off credit, lied about liabilities, lied about spending, say they have sound financial book for years, covered everything [...] |
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