Spain: For Whom The Bell Now Tolls
• zerohedge.comVia Mark J. Grant, author of Out of the Box,
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Via Mark J. Grant, author of Out of the Box,
Web designer Apostolos Sianos and three friends startled Greek villagers when they quit well-paid jobs in Athens to set up a self-sufficient commune that lives in yurts and grows its own vegetables.
Banking tycoon Baron Rothschild is credited with saying that ‘the time to buy is when there’s blood in the streets.’ Rothschild took his own advice, making a fortune buying deeply undervalued assets following Napoleon’s defeat at the Battle of Waterl
The euro eased on Monday after making significant gains, with many investors wary of buying the currency on caution about how effective action pledged by European policymakers to resolve the euro zone crisis would be.
the waste we can't see: Superfund sites, greenhouse gases, radioactive waste, vagrant chemicals; and the social waste we don't want to think about: homelessness, crime, drug addiction, our forgotten infirm and elderly.
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The Seen and the Unseen The Lion in the Grass Black Swan or Hidden Lion? The Lions of Europe What If the US Trade Balance Became a Surplus? The Bug that Roared Up in the Clouds, or How Do I Stay Connected?
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If you were involved in Icelandic high finance in the run-up to the recession, you might want to start watching your back.
The free market responds to demand. When a government breaks down, free markets respond. This is happening in Greece.
The mainstream media attempted to write off the implosion of the index as a fluke tied to the “overproductions of cargo ships” instead of a warning sign of deteriorating demand. The past six months have proven that assertion to be entirely false.
We always knew that the financial markets were rigged, but this is getting ridiculous.
“Dr. Doom” Nouriel Roubini says the “perfect storm” scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.
For a country that four years ago plunged into a financial abyss so deep it all but shut down overnight, Iceland seems to be doing surprisingly well.
With mounting budget deficits around the world, it is becoming almost impossible for governments to pay high yields on the sales of Treasury Bonds. Because of the economic uncertainty, banks interest rates have been almost nothing while in several ca
In response to my post Plunging New Orders Suggest Global Recession Has Arrived I received a couple of interesting emails from readers, one from the US, the other from an employee of the world's largest automotive parts manufacturer.
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With Spain’s borrowing costs climbing again to critical levels, European finance ministers decided to speed up their promised bailout for the country’s troubled banks, while also giving the cash-tight government more time to rein in its budget defici
The number of minors who are employed in Turkey amounts to 49 percent in the age group 5 to 17, alarming research by DİSK-AR, the research center of the Confederation of Revolutionary Workers’ Unions (DİSK), has shown.
Wait, wait, This just in: We do have the Family Medical Leave Act (FMLA) which provides us with the legal right to request unpaid medical leave. Well not quite. You have to work at an employer with 50 or more employees or work in the public sector, a
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The God Particle has been discovered!
The Brazilian real slid for a second straight session on Wednesday, one day after a central bank official suggested policymakers were not comfortable with the currency's recent gains, while the Mexican peso inched lower in sync with the euro.
What I am saying is that the fundamentals of the global economy have actually never been better and I would have not expected to write these words so soon back in 2008. Governments need to merely pay attention to business and voters need to remove th
Many are the events, signals, and telltale clues of a real live actual systemic failure in progress.
You can only stretch a rubber band so far before it snaps back or is torn, so too is the case with government indebtedness. There eventually comes a point when the road ends and the can hits a brick wall. It appears that Japan is rapidly approaching
"A major financial and economic catastrophe in Europe is unavoidable. From there, it's likely to spread out to the whole world."
Strapped with spiraling debt, the Greek healthcare, which is government-run, has had to receive gobs of international financial aid just to keep operating with some semblance of normalcy. There has also been plenty of IOUs issued, and desperate patie
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Good morning. Here's what you need to know. Read more: http://www.businessinsider.com/opening-bell-20-2012-6#ixzz1yKqWcX5d