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...