http://www.zerohedge.com/news/2013-03-28/take-everything-you-know-and-burn-it-recantation-six-simple-lessons and http://www.zerohedge.com/news/2013-03-28/guest-post-cyprus-deal-and-unraveling-fractional-reserve-banking This blog has warned over and over again. All the blogs on Mises have warned. But...
Maybe we see the end nearing. The debts worldwide were soaring the last 3 years and still there is not relief. It can not come as a surprise to the austrians, liberals or libertarians. What we have seen was and just is "credit expansion". The central banks manipulate everything and so we do...
Greece finance minister warns, if the EU let Greece down. Guess what Greece alone has 330 billion of debt. and if they fail the end will come. Well hell one might think "Finally" All EU countries have debts beyond imagination and beyond anything in history (even after wars) and they are "suprised"...
English banks reduce their exposer to EU risks: http://www.telegraph.co.uk/finance/financialcrisis/8584442/UK-banks-abandon-eurozone-over-Greek-default-fears.html 1:100 that Merkel and Sarkozy will name them speculates. Or traitors or such Greeks history is near record breaking for defaulting. Just read...
Translated from: http://fdominicus.blogspot.com/2011/04/das-mochte-ich-hier-festthalten.html 1) a politician never is guilty 2) if a politician is guilty 1) takes immediate precedence 3) if a politician is guilty an lying, it has to be blamed on the markets Just have a look at a few entries on the mises...
http://research.stlouisfed.org/fred2/series/BASE Gives an answer. And because it can not be accepted what is the truth. This ponzi-scheme get's a great name it' s called quantitative easing. For those among us, who can read. The Fed does buy bonds from the bond markets, takes that as assets and...
Oh, yes they are so endless stupid that it hurts anyone else. The politicians (sorry deledefs) have initiated the whole crisis stuff. Never were able to get along with their stolen money (read taxes) and never enough credit for whomever they deem worthwhile. And now they did it again. No thinking just...
in old times we had dictators. Now we are a bit beyond we have the welfare state. Well it's not that much a difference. At first the diverse parties have the saying. In Germany we have 4-5 parties and just two which have come into existence the last 20 or so years. The others all keep "social...
Just imagine all EU countries have collected more debts than ever in history. Greece has manipulated data to be part of this system. And what did we do we sanctioned their doing. Now imagine, I'm stealing your money, we go to court and you have to learn. Well yes I had all the rights to betray you...