Is Hungary the New Iceland? Budapest Defies IMF, Monsanto and More
Automatic Earth I don’t know about you, but I would label my personal knowledge of Hungary as wanting, if not painfully incomplete. It’s not an easy country to come to grips with, not…
IMF Urges Authorities to Consider Debt Forgiveness to Restore Growth
By Philip Aldrick, Economics Editor Telegraph, 10 Apr 2012 http://www.telegraph.co.uk/finance/financialcrisis/9195844/IMF-urges-authorities-to-consider-debt-forgiveness-to-restore-growth.html High levels of household debt restrain consumer spending and delay recoveries, the Bretton Woods institution concluded in an analysis of crises over the past…
Greek Bailout Deal A Farce To Benefit Banks At The Expense Of Greece
by Agustino Fontevecchia http://www.forbes.com/sites/afontevecchia/2012/02/21/greek-bailout-deal-a-farce-to-benefit-banks-at-the-expense-of-greece/ As it stands right now, the Greek bailout and debt deal agreed by European Finance Ministers is a farce, a program designed to pay Greece’s international creditors and buy…
Irish Banks Facing Mortgage Strikes
Irish banks face mortgage strikes Ireland’s New Beginning is intent on mobilising 250,000 homeowners facing repossession Henry McDonald in Dublin, guardian.co.uk, 18 November 2011 19.48 GMT http://www.guardian.co.uk/business/2011/nov/18/ireland-banks-mortgages-repossession-new-beginnings Ireland’s IMF bailout after the irresponsible…
The Technocratic Revulsion Begins: Photos And Video As Thousands Of Italians Protest Monti’s “Banker” Government
By Tyler Durden http://www.zerohedge.com/news/technocratic-revulsion-begins-photos-and-video-thousands-italians-protest-montis-banker-governm Well that was quick: Italy is about to be acquainted with the old Asian saying that a “known devil is better then unknown angel”, especially when the angel is…
By Refusing to Relinquish Power, the Cabal Will Face Lynch Mobs
By Benjamin Fulford http://benjaminfulford.net/2011/10/11/by-refusing-to-relinquish-power-the-cabal-will-face-lynch-mobs/ When the Asians decided to wage financial war against the criminal cabal that has taken over the West and was plotting unprecedented genocide, the cabalists were warned that it…
Letter from Dr. Larson: Europe is in Financial Chaos
By Dr. Mike Larson Dear Janis, All hell broke loose in Europe this morning: European stocks plummeted. The euro plunged. Greek bond prices crashed again and gold rocketed higher. Meanwhile, Greek Prime Minister…