Weather Watch
Vote on our April poll
Loading ...euro
Banks Can No Longer Hide the Collapse
By LUIS MIRANDA | THE REAL AGENDA | MAY 16, 2012 It’s been at least four years since the current financial collapse began. Back in 2008, when the crisis was already taking shape, the banks supported by international financial institutions such as the IMF, World Bank, Bank of Europe, Bank of England and the US Federal Reserve did Read full article...
Banks Get Ready for Greek Currency Come Back
REUTERS | MAY 11, 2012 Banks are quietly readying themselves to start trading a new Greek currency. Some banks never erased the drachma from their systems after Greeceadopted the euro more than a decade ago and would be ready at the flick of a switch if its debt problems forced it to bring back national Read full article...
17 Million Unemployed in Euro zone
By ROBIN EMMOTT | REUTERS | APRIL 2, 2012 Unemployment in the euro zone reached its highest level in almost 15 years in February, with more than 17 million people out of work, and economists said they expected job office queues to grow even longer later this year. Joblessness in the 17-nation currency zone rose Read full article...
Does Germany Intend to Leave the Eurozone?
The Economic Collapse March 12, 2012 For a long time, most analysts have believed that if someone was going to leave the euro, it would be a weak nation such as Greece or Portugal. But the truth is that financially troubled nations such as Greece and Portugal don’t want to leave the euro. The leaders Read full article...
Spain Spending its way into the Abyss
by Luis R. Miranda The Real Agenda March 9, 2012 The continuous rise in public spending in Spain is deeply braking the back of the country’s capacity to keep up with one of the most dire economic situations in the Euro zone. In the last 4 years, Spain has not been able to cope with Read full article...
Hasta la Vista Euro, Hello Peseta!
Spanish village goes back to peseta by Lee Moran Mail Online February 15, 2012 A Spanish town is looking to the past to safeguard the future of its ailing economy by reintroducing the peseta. Fed up with the failing euro, rebellious locals in Villamayor de Santiago have reverted to using the old currency, which was Read full article...
New ‘scary’ predictions for the Eurozone to justify loss of Sovereignty
‘Deep Depression’ is the new term used in main stream media to justify another bank bailout and the surrender of political and economic sovereignty. AFP November 29, 2011 Europe is reeling from warnings it faces a “deep depression” if the eurozone collapses and that every EU nation’s credit rating could be hit without firm action Read full article...
Britain draws up emergency plans for collapse of Euro
by James Chapman Mail Online November 28, 2011 Britain is drawing up emergency plans for the collapse of the ‘creaking’ Eurozone amid warnings debt-stricken Italy will need a £500 billion bailout involving billions of pounds of UK taxpayers’ money. Chancellor George Osborne said the Treasury had ‘stepped up’ contingency planning and aimed to be ready Read full article...
€ 1 Trillion of Taxpayer Money to ‘save’ the Eurozone
A capitalist’s worst nightmare is in the works as China prepares to back up the derivative bubble created by the banks. CNBC October 26, 2011 Euro zone leaders intend to scale up their emergency fund, the European Financial Stability Facility, to around 1.0 trillion euros, EU sources said on Wednesday. The sources said the 440 Read full article...
