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Macedonian Banks are Safer than West Europe's Banks
By Sam VakninEditor in Chief of Global Politician Even under the best case scenario (in which banks take a 50% haircut on the credits they have extended to profligate Greece, but there is no default) French, Italian, German, and Austrian banks run a collective capital... The Good, the Bad and the Ugly: The U.S. Debt Crisis Showdown
Cue the music, fade in:'Do, do, do ,do, do … wa, wa, wa … do, do, do, do, do … wa, wa, wa … 'Like the showdown in Clint Eastwood's classic film, The Good, the Bad and the Ugly, the TEA Party, wearing... 360 views | 8 recommendations | 13 comments
The Story of the Beginning of the End of the World - July 29 2011
These fragments of a letter were found in the hills of Montana-China in the spring of April 2125. It is A Look Back.
Beginning Fragment
July 29 & 2111 ... 884 views | 3 recommendations | 1 comment
The bankruptcy of the United States is now certain
" The bankruptcy of the United States is now certain Tuesday, November 24, 2009 Text Size: From Porter Stansberry in the S&A Digest: It's one of those numbers that's so unbelievable you have to actually think about it for a while... Within the next 12... 853 views | 39 recommendations | 19 comments
U.S. House Prices Keep Climbing with a 1.2% Rise in June
Integrated Asset Services(www.iasreo.com) today released its IAS360 House Price Index (HPI). Based upon the timeliest and most granular data available in the industry, the index for national house prices moved ahead another 1.2% in June.
With June’s gains--the... This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...Solving the Foreclosure Crisis – How can we fix the process?
"As discussed previously, the pooling and servicing agreement requires the servicer to forward payment to the securitized trust regardless of whether the borrower is making the mortgage payment. This must continue until the loan is removed from the trust, and that can...Argentina passes pension takeover
Private pensions are no more in Argentina. The Senate approved the nationalisation of 10 bank-owned pension funds. This is political move which was heavily criticised by the opposition to no...Ecuador to miss $30.6 million foreign debt payment
"QUITO, Ecuador (AP) - Ecuador will delay a $30.6 million interest payment on its foreign debt while it investigates signs of lawbreaking in the contracts, the finance minister said Friday, prompting a quick...No oxygen in the IMF ventilator
"By Mosharraf ZaidiThe News InternationalBeing of Pakistani origin qualifies an IMF employee to be as much of a Pakistani economy expert, as being of Pakistani origin qualifies a child that eats a lot of Krispy Kreme doughnuts to be an expert in Pakistani child nutrition....Asian markets plunge after Wall Street slide
Taking cue from US stocks market of Wednesday, Asian stocks tumbled Thursday as fears that the world's biggest economies are shrinking sparked fresh panic, despite continued efforts by several governments to ease the financial crisis and bail out packages. The...Daydreaming Brain Reveals Secrets of Comas and Consciousness
"Daydreaming Brain Reveals Secrets of Comas and Consciousness Options Edit Add to group Delete Viewable by... Future of Airlines Bleak As Fuel Prices Climb
In the wake of ever-increasing fuel costs, the nation’s airline industry is receiving more and more attention. Today, however, that attention came in the form of grim news as two industry-focused groups warned... Oil Experts State to G8 Summit: "There's No Oil Shortage"
OpinionBarry Artiste, Now Public ContributorA statement many of us figured out, there is no Oil Shortage, just Oil speculators driving up the price of oil to bolster their profits, the trickle effect caused food...
created by Barry ORegan | 3 years ago | updated 3 years ago
375 views | 10 recommendations | 4 comments
375 views | 10 recommendations | 4 comments
Over 1,000,000 Strong and Growing - the U.S. Subprime Debacle Goes Prime
Between the information on Realitytrac.com (referenced below) and that from Forbes.com (ditto)it appears that while the housing crisis has faded from the head lines it is still running strong in reality land. Realtytrac is particularly useful because it gives a lot of hard...NowPublic on Facebook
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