Greek ministers are spending this weekend, almost five grinding years since Athens was first bailed out, wrangling over the details of the spending cuts and economic reforms they have drawn up to appease their creditors. 739 more words
Tags » World Economy
Madness Coming To Gold Market: “There Are Thirty to Fifty Owners For Each Ounce of Gold That’s Out There”
Though the price of gold has seen a significant drop over the last two years from it’s all time highs of about $1900 per ounce, many experts and analysts believe that western central banks and their colleagues at major financial institutions have been manipulating the price. 200 more words
Still on the topic of the imminent collapse of the existing world order. Perhaps I’m totally wrong about it and there will be no crash but two things are indisputable – there will be a crisis of some sorts, they always happen, and the current world order is unsustainable. 1,258 more words
In this week’s P4Capital discussion, the executive team talks about something most of us try to forget – the great recession of 2008.
The news isn’t bad though; for the first time since they were invoked, all American banks have passed the Stress Test. 1,070 more words