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Why A Greek Exit From The Euro Would Mean The End Of The Eurozone

May 14, 2012 by Michael

What was considered unthinkable a few months ago has now become probable.  All over the globe there are headlines proclaiming that a Greek exit from the euro is now a real possibility.  In fact, some of those headlines make it sound like it is practically inevitable.  For example, Der Spiegel ran a front page story … Read more

11 Quotes That Show How Worried The Financial World Is About Europe Right Now

May 8, 2012 by Michael

The recent elections in France and in Greece have thrown the global financial system into an uproar.  Fear and worry are everywhere and nobody is quite sure what is going to happen next.  All of the financial deals that Greece has made over the past few years may be null and void.  Nobody is going … Read more

The Countdown To The Break Up Of The Euro Has Officially Begun

May 7, 2012May 7, 2012 by Michael

The results of the elections in France and Greece have made it abundantly clear that there is a tremendous backlash against the austerity approach that Germany has been pushing.  All over Europe, prominent politicians and incumbent political parties are being voted out.  In fact, Nicolas Sarkozy has become the 11th leader of a European nation … Read more

Is Obama Negotiating A Treaty That Would Essentially Ban All “Buy American” Laws?

May 6, 2012 by Michael

69 members of the U.S. House of Representatives have sent Barack Obama a letter expressing their concern that a new international treaty currently being negotiated would essentially ban all “Buy American” laws.  This new treaty is known as the Trans-Pacific Partnership, and it is going to be one of the biggest “free trade” agreements in … Read more

There Are 100 Million Working Age Americans That Do Not Have Jobs ***UPDATED***

May 4, 2012May 3, 2012 by Michael

The unemployment crisis in America is much worse than you are being told.  Did you know that there are 100 million working age Americans that do not get up in the morning and go to work?  No wonder why it seems like there are so many people that do not have jobs!  According to the … Read more

Why New York Times Economist Paul Krugman Is Partly Right But Mostly Wrong

May 2, 2012 by Michael

In recent days, New York Times economist Paul Krugman has been doing a whole bunch of interviews in which he has declared that the solution to our economic problems is very easy.  Krugman says that all we need to do to get the global economy going again is for the governments of the world to … Read more

22 Signs That The Collapsing Spanish Economy Is Heading Into A Great Depression

April 30, 2012April 29, 2012 by Michael

What happens when debt-fueled false prosperity disappears?  Just look at Spain.  The 4th largest economy in the eurozone was riding high during the boom years, but now the Spanish economy is collapsing with no end in sight.  When a debt bubble gets interrupted, the consequences can be rather chaotic.  Just like we saw in Greece, … Read more

5 New Lies That The Federal Reserve Is Telling The American People

April 25, 2012April 25, 2012 by Michael

The Federal Reserve says that everything is going to be okay.  The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase.  Do you believe them this time?  As you will see later in this article, Federal Reserve Chairman Ben Bernanke has … Read more

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