Reuters / Dado Ruvic A debt problem on the scale of Greece isn’t unique. Argentina, Ireland, the Baltic states and Iceland have also suffered similar problems. They all chose different rescue paths, varying from massive…
Tag: Greece
It is a truism to say that democracy began with the Greeks – less so to say that it originated in popular rebellion against debt and debt-bondage. Yet, with the Greek people ensnared once more…
Alexander the Great Coin The Last Withdrawal of Alexander the Great Today, February 26, 2012, an odd media battle took place in Iran. Different agencies reported and denied that Iran was blocking the…
Iran’s state-run Press TV announced on February 15 that in response to the EU sanctions Tehran was suspending oil deliveries to France, Italy, Spain, Greece, Portugal and the Netherlands. On the same day Iran`s oil…
(Reuters) – Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure a second financing package from…
The creation of the euro zone may have given participants one currency, but it created other problems as well. One interest rate was supposed to fit all. Those sovereigns on the financial periphery of the…
European politicians, bureaucrats, bankers and assorted other lose more and more credibility each day as we are inundated each day with more lies and deliberate misdirection regarding the course of financial events within the European…
January 02, 2012 “Economic Collapse” — Can you guess what the number one catastrophic event that Americans worry about is? There are certainly many to choose from. Many Americans are deathly afraid of a major…