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 >>
A Closer Look: Your (online) life after death
Adoption/Child Welfare Bill H.R. 4980 Passed By Senate, Heads to President
4Chan strikes again by tricking gullible iPhone users into charging their phones in the microwave
A slow-motion disaster in the making for Sunshine State
BOMBSHELL: DHS Forced to Admit to Terrorists Caught at Texas Border
New Evidence Confirms Columbus had Map
The CDC, NIH & Bill Gates Own the Patents On Existing Ebola & Related Vaccines
Public University Requires Students to Submit Their Sexual History.
What a Dental Hygienist Found in Her Patient’s Mouths Forced a Company to Take Action
Satanists Handing Out Religious Literature at Schools
Comcast Denies It Will Cut Off Customers Who Use Tor, The Web Browser For Criminals
Expect the Unexpected: More 9.0 Megaquakes Are Coming, Study Says
Foreign-Born Population to Reach 60 Million Within 10 Years.
Ebola Outbreak could last years..
DEVELOPING – Odile Poised to Bring Catastrophic Flooding to Southwest.
CDC whistleblower: behind the media blackout
UK School Using Biometric Fingerprint Data to Make Sure Kids Eat ‘Healthy Diet’
Now we come to vaccines and depopulation experiments
Nationwide Biometric Database Goes Live
New Emergency Drills Simulate Nuclear Explosion In Nebraska
The Number Of Volcanic Eruptions Is Increasing And That Could Lead To An Extremely Cold Winter
The Smoking Guns of the 2001 Anthrax Attacks
School to fingerprint students to ‘monitor their diets’
Los Angeles Unified School District’s Armored Vehicle and Grenade Launchers
Federal government may seize and shut down all internet sites that don't push vaccines during a national emergency pandemic
We're dropping truth bombs like it's the end of days!
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 0.09s (3 queries)