Over in the UK, the people feel justified in getting behind Prime Minister David Cameron after his recent decision to vote against any treaty change across the EU as part of a rescue arrangement for the Euro single currency within the European Union. Previous to that you’ve seen Greece struggle financially and it is no [...]
Archive for the ‘EuroZone’ Category
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Iceland: Where the People were Robbed Blind
January 10th, 2012 
Elisheva Wiriaatmadja On the one hand, Iceland is the happiest country in the world, with a world-class health, educational, and social safety net system. On the other hand, they were just robbed blind by the Banksters – the direct result of privatization and deregulation. First around 2000 the national-owned banks were deregulated and privatized. Then the private [...]
Adam Fergusson: Inflating the Economy is Playing with Fire
November 13th, 2011 Elisheva Wiriaatmadja GoldMoney founder James Turk interviews When Money Dies author Adam Fergusson, who discusses the parallels and differences between the Weimar inflation and the situation in the US and Europe today. “I don’t see how any of these [Western] economies can grow their way out of the extraordinary debts that they have.”
Global Recession Can Be Healed By Printing Money – NOT!
November 8th, 2011 Elisheva Wiriaatmadja (DailyReckoning.com.au) Last week produced nothing but more disappointment. At the center of it was the Europeans’ inability to make their debt disappear. They had hoped that they could just announce a plan to take care of it…and that would be enough. But then, the Greeks said they wanted to vote on it…and then, they didn’t. [...]
Greece’s Poverty Trap
October 17th, 2011 Elisheva Wiriaatmadja Greece remains the epicentre of the EU debt crisis with international creditors still unsure about handing Athens another cash injection. While in meantime, a new survey suggests the debt burden is literally killing Greeks pushing them to drug dependence and even suicide. And the economic crunch is likely to take its toll on citizens of [...]
China’s Recipe for the West: Cut Your Debt or It Will Cut You!
September 20th, 2011 Elisheva Wiriaatmadja Regarding the financial crisis and chaos going on in the Eurozone, Obama gave out some harsh words, saying that it was China’s turn to tell the EU to get their financial house in order. The Eurozone, being the second largest economy in the world, must stop the crisis from getting worse. Asia’s concern is that [...]
Alan Watt: Eurozone Chaos is Moving to North America
September 19th, 2011 Elisheva Wiriaatmadja Alan Watt on The Alex Jones Channel talks about the chaos that is being introduced today across the world. The whole world is supposed to merge into unifying force under one government. People keep forgetting the goal of all what is happening today because we tend to get stuck at the chaos happening around us. [...]
Eurozone to Collapse by November 2011
August 8th, 2011 Elisheva Wiriaatmadja Russia Today interviews financier and author, Patrick Young. European Central Bank officials have agreed to buy Eurozone government bonds to fight the continental debt crisis. Although it’s not clear yet which bonds the bank is going to buy – experts expect them to be from debt-laden countries like Italy and Spain. That’s after the German [...]
