Tuesday , 5 November 2024

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BRICS Plan to Abandon U.S. Dollar Will Hurt U.S. and Help Gold (+4K Views)

Frustrated with what they viewed as being ignored by the West and not having a prominent role in institutions like the World Bank and the International Monetary Fund, Brazil, Russia, India, China and South Africa (also known as the BRICS countries) have held their second summit...[and declared war on the U.S. dollar. Let me explain.] Words: 572

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Despite Financial Woes It's Still Business as Usual Worldwide – Here's Why and How to Invest Accordingly

Politicians always appear to consider the cost of acting versus the cost of inaction. As long as more money is lined up: be that from the central government for the regions; be that from a European stability fund for the government; or be it from the IMF, incentives for reforms are taken away. [Spain is a prime example of what is wrong with Europe - and much of the world. Let me explain why that is the case and how to benefit from the overall situation.] Words: 1174

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Graham Summers: Collapse of Europe is Guaranteed! Here's Why

I continue to see articles in the media claiming that Europe's problems are solved. Either the folks writing these articles can't do simple math, or they don't bother actually reading any of the political news coming out of Europe [so let me present 3 data points that guarantee Europe will collapse at some point in the near future]. Words: 722

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Municipal Bankruptcy Crisis in U.S. to Have Dire National Consequences! Here's Why – and How

The plight of municipalities in the U.S., and their struggles under the weight of enormous pension budget deficits, are reaching the critical phase [with] many municipalities [now]contemplating bankruptcy. [That, in turn, is causing]... municipalities [to eliminate jobs (150,000 - 175,000 in 2012) providing significant headwinds to jobs growth nationally [which, in turn, will adversely affect] economic growth...[causing even] more municipalities to declare bankruptcy and [their] states, in turn, run to the Federal government for help. Words: 567

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Campbell Asks: Can Italy Be Far Behind Spain?

About three months ago, shortly before Greece's sovereign debt was restructured, I began to warn about Spain as the next Eurozone country to focus on. That has, indeed, turned out to be 'all the news' with reports every day on Spain's deteriorating financial condition. Given the ongoing world economic uncertainty and volatility, however, I suggest you now begin to pay very careful attention to Italy going forward, but doing so without losing sight of what is transpiring in Spain. [Let me explain why I see 'Italy' eventually surpassing Spain as 'all the news'.] Words: 485

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Have Your Say in World Consumer Confidence Index Survey – Here's How

According to the latest real-time Worldwide Consumer Confidence Index most respondents believe that their economic circumstances will improve over the next 6 months even though such confidence has declined marginally from 30 days ago. You don't feel the same way? OK, read on and actually participate in the survey to have your view of things so recorded. It is fast and easy to do. Here's how. Words: 410

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