Category Archives: Economy

Jean Claude Juncker: Europe’s demons are only sleeping
Economic Crisis
March 14, 2013 posted by Thea

Jean Claude Juncker: Europe’s demons are only sleeping

One of Europe’s most senior politicians has issued a warning that peace was being taken for granted on the continent and that its current troubles were chillingly similar to those in the run up to WW1.

Jean Claude Juncker, prime minister of Luxembourg, who chaired a group of Euro-zone finance ministers at the height of the financial crisis, claimed that elections in Italy and Greece brought “national resentments to the surface, which we’d believed had gone away”.

Think This Can’t Happen Where You Live? Think Again…
Economic Crisis
March 7, 2013 posted by Thea

Think This Can’t Happen Where You Live? Think Again…

Throughout history, bankrupt governments in decline almost ALWAYS fall back on a time-tested playbook.

This includes imposing controls on EVERYTHING– wage and price controls, trade controls, capital controls, border controls, people controls. Everything. And this idea goes back to the dawn of human civilization.

Celente – Gold, Silver & The Frightening “Next Great Trend”
Economic Crisis
March 6, 2013 posted by Joseph Candel

Celente – Gold, Silver & The Frightening “Next Great Trend”

Today top trends forecaster Gerald Celente spoke with King World News about gold, silver and the frightening “next great trend”.
The only thing that’s keeping this thing going is the central banks in Japan, China, Europe, and in the United States, printing all of this digital money, buying up worthless bonds, Treasuries, and other assets to keep the Ponzi scheme going.

Will Italy Be The Spark That Sets Off Financial Armageddon In Europe?
Economic Crisis
March 5, 2013 posted by Thea

Will Italy Be The Spark That Sets Off Financial Armageddon In Europe?

Is the financial collapse of Italy going to be the final blow that breaks the back of Europe financially? Most people don’t realize this, but Italy is actually the third largest debtor in the entire world after the United States and Japan. Italy currently has a debt to GDP ratio of more than 120 percent, and Italy has a bigger national debt than anyone else in Europe does.

G20 & IMF Push for Global Fed, Global Currency
World Currency
February 23, 2013 posted by Thea

G20 & IMF Push for Global Fed, Global Currency

While headline stories about averting the dangers of an international “currency war” dominated news coverage of the recently concluded G20 meeting in Moscow, the real unreported story is that the global gathering of central bankers and finance ministers is pushing forward with their plan for “supersizing” the International Monetary Fund.

20 Signs That The U.S. Economy Is Heading For Trouble
Economic Crisis
February 21, 2013 posted by Joseph Candel

20 Signs That The U.S. Economy Is Heading For Trouble

Is the U.S. economy about to experience a major downturn? Unfortunately, there are a whole bunch of signs that economic activity in the United States is really slowing down right now. The following are 20 signs that the U.S. economy is heading for big trouble in the months ahead.

One-man bank keeps German village business running
Economic Crisis
February 17, 2013 posted by Thea

One-man bank keeps German village business running

Peter Breiter is an unusual banker. Not for him the big bonuses, complicated financial instruments and multi-million deals. He is happy instead writing transaction slips out by hand for the 500 inhabitants of the tiny German village of Gammesfeld.

A cashless society and fingerprint payments are on the horizon
Big Brother
February 5, 2013 posted by Joseph Candel

A cashless society and fingerprint payments are on the horizon

The programme makes South Dakota School of Mines & Technology the first in the world to test life as a biometrics campus using foil-proof biocryptology that goes beyond a fingerprint to read multiple layers into the skin and detect haemoglobin in the blood.

The Ticking Trillion Dollar Debt Bomb
Economic Crisis
January 21, 2013 posted by Thea

The Ticking Trillion Dollar Debt Bomb

Since the EU Crisis went into overdrive in 2010, EU politicians have largely resorted to political posturing rather than implementing any actual financial solutions to the EU’s debt and banking crisis.