Sunday , 22 December 2024

Economy

D-Day is Coming: A Financial Crisis is Brewing in France – Here's Why

“The real risk for the euro zone now is not Greece, but France,” says a top French finance boss. Nicolas Baverez, a commentator who foresaw the country’s looming debt problems in a bestselling book of 2003, agrees: “I’m convinced that France will be the centre of the next shock in the euro zone.” [below their views are substantiated with some alarming and disturbing facts about France;s financial situation and how their politicians are failing to address the brewing crisis.] Words:740

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Graham Summers: Spain Has Brought Europe to the Point of NO Return – Here's Why

Spain is a catastrophe [of major proportions and] to fully understand [why that is the case] we need to understand Spain in the context of both the EU and the global financial system. [Once you read what I outline below you will more fully understand why] I believe that the EU in its current form is in its final chapters. Whether it's through Spain imploding or Germany ultimately pulling out of the Euro, we've now reached the point of no return: the problems facing the EU (Spain and Italy) are too large to be bailed out! Words: 1345

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Spain Ignored S&P's Warnings & Downgrades Quickly Followed! Here's Why

It was just 6 months ago that Spain enjoyed a credit rating of AA. In early October, 2011, S&P downgraded Spain to an AA- rating with a negative outlook (details below as to why) and then again in January, 2012 from AA- to A for failing to make much in the way of improvements. Then, just last week, having clearly forewarned Spain that it was at risk of having it's credit rating even further downgraded with all the financial implications of such a move, S&P further reduced Spain's credit rating by two levels to BBB+. When you read what S&P said back in October and again in January, Spain has only itself to blame for its amazing mismanagement and sorry state of affairs. Words: 2000

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Any Way You Look At It Very High Inflation Is Inevitable – Here’s Why (+2K Views)

How this economic disaster ends is something about which many of us speculate. Two extreme endings are likely — a sudden deflationary collapse or a period of very high inflation/hyperinflation which ultimately cripples commerce and resolves itself in a deflationary collapse. In either case, the deflationary collapse is another Great Depression. It is important to know which route will occur because of what will happen to asset values along the way. Words: 1057

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Check Out This Interactive Map & Information on the 22 Countries of Eastern Europe

Below is an interactive map of the 22 countries that make up Eastern Europe providing a snapshot of, and interesting facts about, each of the counties. Below is an interactive map of the 22 countries that make up Eastern Europe providing a snapshot of, and interesting facts about, each of the counties. If you want a fast and interesting geography lesson then this is it!

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How Much Do You Know About Emerging Markets? Find Out Here

Everyone is talking about emerging markets, and their masses of people, resource-rich lands and rising economic stature [with many] saying that they will be the economic superpowers of the next century. How much do you know about emerging markets? Take our interactive quiz and find out.

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Larry Edelson: "I'm Deeply Worried About the U.S. Dollar" – Here's Why

The disaster in Europe should be pushing the U.S. dollar up more than it is but it’s not, and that has me deeply worried. [I'm] worried that the next leg of the dollar’s decline may be right around the corner; worried that the loss of the dollar’s reserve-currency status could occur more quickly than even I had expected and worried that the “X&@!” may soon hit the fan, across the entire globe. [Let me explain.] Words: 600

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