Users Online Now:
GLP Poker Rooms
GiveMeGossip.com - Gossip Forum
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:MV8xNTc4NDI2XzI4NTg1Njk0X0JBODZGODZB] [b]Doomed to Fail: Wrecking Europe's Monetary System to Fix It[/b] by Stephen Lendman December 12, 2011 From its inception, the Eurozone monetary union was an idea doomed to fail. Nonetheless, it was engineered fraudulently to look workable. In 1979, Europe's Exchange Rate Mechanism (ERM) was introduced as part of the European Monetary System (EMS) to propel the continent to one European currency unit (ECU). ERM never worked. ECU is failing. At issue is duplicity, conflicts of interest, and uniting 17 dissimilar countries under rigid euro straightjacket rules. Doing so usurps their monetary and fiscal autonomy disastrously. Nonetheless, banking giants partnered with EU, ECB and IMF Troika power decide everything. Policies require lowering living standards, sacking public workers, and selling off state assets lock, stock and barrel at fire sale prices. Today, the euro corpse only awaits its obituary to be written. Successive bailouts and fixes haven't worked. Troubled Eurozone economies are drowning in debt. Adding more makes bad conditions worse. So do forced austerity measures, layoffs, and higher working household taxes. Lost purchasing power means less spending, fewer jobs, and greater public anger than today's high levels. [b]CONTINUE AT: http://globalresearch.ca/index.php?context=va&aid=28161[/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 >>
This Is The World’s Most Amazing Clock, It’s Movement Is Completely Mesmerizing
Researchers Just Made Batteries From Mushrooms… And They’re Surprisingly Good‏
ISIS issues a grave warning to America: We have scores of "trained soldiers" positioned in 15 states and we're ready to attack.
Top Scientist Resigns Admitting Global Warming Is A Big Scam
The UN’s Disturbing Vision Of The Future Of The Internet
VIDEO: Did A UFO Shoot Down The Russian Meteor?
VIDEO: McDonalds – The Ten Most Disgusting Things Found In Its Food
Amazon Indians Say Earth Has A Subterranean World Underground
KID TAKES OUT STEP DAD HITTING MOTHER (VIDEO)
A 10 Pound “Miracle” Fruit That Smells Like Rotting Onions and Tastes Like Pulled Pork Could Save Millions From Starvation
Experts Warn Of New Facebook 'Dislike Button' Scam
NASA To Reveal 'Major Science Finding' On Mars
Pope Francis: I'm Not A Liberal, My Doctrine Is The Doctrine Of The Church
Proposed Bill Would Cease Pay For Lawmakers During Government Shutdown
Pope Claims Jesus Failed On The Cross
Something Did Happen in September
North Atlantic 'Cold Blob' a Reason for Concern, Scientists Say
While Your Attention was Focused on the Pope, Obama Did This
Daily 2 Cents: Liquid Water Found On Mars -- 'Praying Mantis Being' Encounter -- The Joyita Ghost Ship Mystery
The Shemitah that was and the shaking to come - Exclusive: Jonathan Cahn explains key manifestations that have marked 2015
Facebook Sued For Spying On Citizens of Belgium “Like The NSA”
Scientists Make Breakthrough Discovery In Predicting Earthquakes
Susan Sarandon: Pope Francis Will Be Assassinated
Disturbing Report: CERN’s LHC Might Attract Asteroids To Earth
Bio-Warfare: The Man Made Origins Of Ebola And Aids
This Flag Represents The Principle, "Fight For What You Believe In."
This Is The Rebel Flag, "You're Either Free Or You're Not."
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.007s (12 queries)