The election results from Greece are in and the pro-bailout forces have won, but just barely. It is being projected that the pro-bailout New Democracy party will have about 130 seats in the 300 seat parliament, and Pasok (another pro-bailout party) will have about 33 seats. Those two parties have alternated ruling Greece for decades, and it looks like they are going to form a coalition government which will keep Greece in the euro. On Monday we are likely to see financial markets across the globe in celebration mode. But the truth is that nothing has really changed. Greece is still in a depression. The Greek economy has contracted byclose to 25 percentover the past four years, and now they are going to stay on the exact same path that they were before. Austerity is going to continue to grind away at what remains of the Greek economy and money is going to continue to fly out of the country at a very rapid pace. Greece is still drowning in debt and completely dependent on outside aid to avoid bankruptcy. Meanwhile, things in Spain and Italy are rapidly getting worse. So where in that equation is room for optimism?(Read More....) http://theeconomiccollapseblog.com/archives/category/europe
"The US D needs to be based on a fixed amount of gold
How about all the known gold deposits on government land?
Billions and billions worth less the amount it cost to remove from the ground"
"Socialists have got to be the most stupid people in politics...They are destroying the UK property market...Tax, after tax...Very foolish, 2-dimensional consciousness imbeciles...๐คจ
However, towards the end of this video, economics commentator,โฆ"
"Once you get the narrative back as a snowball rolling down hill, common sense will dictate and the the kick em out process can begin
Maybe someone can pin a St George flag to my Publishers entrance on Canary Wharf to aid in an exorcism of myโฆ"
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