International Finances: Will Greece exit the European Central Banks (ECB)? Some board members of the ECB are confident if Greece steps down, then there would be no significant fallout. While others believe the opposite will happen. This is part of that soft science I’ve spoken of before that is economics …AND politics for that matter. […]
Stephen Cook: The World’s 2012 Government Changes Have Begun in Europe
The World’s 2012 Government Changes Have Begun in Europe We’ve been told by numerous sources that there will be major government changes in the coming months prior to Ascension and that a new way of governing will be called for by the people. Earlier today, two of Europe’s historically important countries, France and Greece, went […]
We Are All Greeks
Thanks to: Beatrice From The Greek Streets – A Letter by a Physician Published by: Occupied London, 03/05/2012 https://www.occupiedlondon.org/blog/ “Why we occupied our hospital” – an open letter by a hospital doctor at the workers-run hospital of Kilkis. “The occupation of our hospital in Kilkis by its workers began on Monday, February 20. This occupation […]
Euro Debt Aid Package Took Nudge From Washington
By STEVEN ERLANGER, KATRIN BENNHOLD and DAVID E. SANGER May 10, 2010 https://tinyurl.com/2d900pf PARIS — President Obama had just flown into Hampton, Va., Sunday morning to deliver a commencement address. But before he donned his silky academic robes, he was on the phone with Chancellor Angela Merkel of Germany, offering urgent advice — and some […]
Julie Redstone: Another 'House of Cards': the Demise of Economies of Excess
Julia Redstone operates several websites. I’ll discuss them and her work in more detail in a subsequent post. This particular article was conveyed by email to her subscription list. by Julia Redstone May 2010 The current situation in Greece is both a prototype and a signal for that within other nations where the threat of […]
Mother of All Bubbles: Huge National Debts Could Push Euro Zone into Bankruptcy
The economic collapse continues. Remember that it is to be followed by the rapid rise of the wisdom economy so there is nothing to fear long-term. Der Spiegel May 3, 2010 https://www.spiegel.de/international/europe/0,1518,692666,00.html Greece is only the beginning. The world’s leading economies have long lived beyond their means, and the financial crisis caused government debt to […]