Tag Archives: debt crisis

Twenty five EU leaders sign German-model fiscal treaty

Honor Mahony EU Observer Germany’s vision of an EU of fiscally prudent states held in check by tight budgetary laws and the threat of legal action came a step closer on Friday (2 March) when 25 leaders signed a new … Continue reading

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Another term for Mr Van Rompuy

Flanders News Belgium’s Herman Van Rompuy is standing for a new term as term as European Council President. The reappointment of the Flemish Christian democrat politician is expected to be rubberstamped by a European Council at the beginning of March. … Continue reading

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IMF push for $1 trillon rescue fund to cost UK £15bn

Source: Telegraph Downing Street says Britain is ready to consider a request for extra funds from the International Monetary Fund, which is seeking to boost its firepower to around $1 trillion to safeguard the global economy. The government made the … Continue reading

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Grim Economic Prospects for 2012: Social Upheaval, Bank Defaults and Financial Chaos

Source: Global Research The game goes on, as German leadership tells us the euro is stable, even as it hits yearly lows. We are told the problem is a crisis in several member states. That may be true, but they … Continue reading

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Debtocracy

For the first time in Greece a documentary produced by the audience. “Debtocracy” seeks the causes of the debt crisis and proposes solutions, hidden by the government and the dominant media. For more information go to http://www.debtocracy.gr/indexen.html

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Thomas Rustici talks to Alasdair Macleod

Thomas Rustici, Professor at George Mason University, and Alasdair Macleod, of the GoldMoney Foundation, talk about the European sovereign debt crisis and how it foreshadows similar problems in the USA. A central bank is a monopolistic, central planning agency, with … Continue reading

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‘Gouvernement Sachs’ and the death of a democratic Europe?

Source: New Economics Newly appointed technocrats in Italy and Greece do not have the interests of the European people in mind. So much has happened in Europe over the past year that you may not remember the fuss about the … Continue reading

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