Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzI4NDE4MjIwXzZEMzAyNDZE] [b]The Euro Zone System in Crisis - Will it Backlash on Wall Street?[/b] by Bob Chapman 01-12-2011 Except for the MF Global scandal Europe still stands at the forefront of world debt problems. Up until now little has been accomplished toward solving these problems and the traditional Christmas season is upon us, which stretches from December 7th, to January 10th, a period in which very little will be accomplished. It is reminiscent of last summer. The only thing that the elitists have accomplished is the placement of Bilderbergs as the head of the ECB and the appointments of two more as PM’s in Italy and Greece. Over the last ten years we saw all debt grow, but in particular among the southern members of the euro zone. The imbalance was predictable, but the northern countries just ignored the problem. Those in the north blamed the difference on culture and work ethics. Thrown into the mix was government and banking profligacy and growing lack of competitiveness. All of that was true, but it did not alter the fact that great imbalances existed and still exist and that certainly contributed to the underlying non-competitiveness. Financial mismanagement certainly had a profound effect in the six countries in serious trouble and you can also include France in the group. The problems were also compounded by the wild growth of indebtedness lorded over the banking community. The latter just loved one interest for all. The banks were particularly the blame in Ireland and Spain where unnecessary building went absolutely berserk. Through this period, Germany and the Netherlands, in particular, couldn’t lend money fast enough to those who shouldn’t have been borrowing it. This, as we reflect back, it was malinvestment, a misallocation of capital instituted by the banking community, which was leveraged about 70 to 1. We continue to ask what could they have been thinking of? The performance of the banks was at the very core and heart of what we see today. [b]CONTINUE AT: http://globalresearch.ca/index.php?context=va&aid=27974[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Here Are The Cities Where Middle-Class Homebuyers Are Screwed
Scientists ready to create genetically modified babies from three parents
TOP VIRGINIA OFFICIAL: Illegals Have More Privacy Than Americans Under Obama
DHS Asks Catholic Churches to Feed & House Illegals After Obama Admin Declares Them Terrorists
Sandy Hook’s Disappearing Witnesses
Polar vortex arrives for mid-July
Unreleased Bill Murray Movie From 1984 Is Now On YouTube
NASA Discovers Hidden Portals In Earth's Magnetic Field
New Kansas law would make complaints against police "proven false" a felony
Forget Farm Owners, EPA Drafting Rule To Claim Control Over Local Waterways, Ditches
OOPS! FEDS SEND 14,000 DRAFT NOTICES TO MEN BORN IN 1800
GLPVC TheRawfeedLive - Tues Nite 7/14 at 11pm est - LARRY SINCLAIR guest *Topic - illegals/border crisis
GLPVC Monday Nite 7/14 at 9pm est - ORLY TAITZ guest *Topic - illegals/border crisis & the halFRO in the WH
First the blood moon, now the Supermoon Is there spiritual significance in tonight's lunar phenomenon?
The case for Obama’s impeachment: The Constitution’s remedy for a lawless, imperial president
Do Your Genes Make You a Democrat?
Smart Lights: New LEDS Allow NSA To Spy On Your Every Movement
California Governor Signs Homosexual Bill Eliminating Terms ‘Husband’ and ‘Wife’
Is Monsanto Contributing To The Rise In Mass Shootings?
Consciousness Becoming Less Taboo Subject for Scientists
Earth's Magnetic Field Is In Trouble
Indiana storing DNA of 2 million children without parents' consent
And the World’s Prison Capital Is … LOUISIANA!!!
New GOOGLE Glass technology reads your mind...
Nikola Tesla's Pro-Eugenics, Anti-Coffee Portrait of the Future
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.01s (12 queries)