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Tag Archives: European Debt Crisis
EuroDoom Update for February 6, 2012
Greece and the EU are having their final showdown (I tell you final! This time we mean it! Lather, rinse, repeat!) over the Greek debt crises. Until they do it all over again two months from now. Some people wonder … Continue reading
Posted in Budget, Economics, Foreign Policy, Waste and Fraud
Tagged Blazing Saddles, Euro, Europe, European Debt Crisis, Germany, Greece, PIIGS, Spain
1 Comment
EuroDoom Roundup: Waiting for the Inevitable Greek Default
You know the problem with doing one of these roundups on the European Debt Crises? I can search for “Euro” just about anytime of the day and night on Google News and come up with a dozen things I could … Continue reading
Posted in Budget, Economics, Foreign Policy, Waste and Fraud, Welfare State
Tagged default, Euro, Europe, European Debt Crisis, Germany, Greece, Italy, Netherlands, Portugal, Spain
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Going Down, Down, Down…
France’s credit rating, that is. “Standard & Poor’s has downgraded France’s credit rating, French TV reported Friday, while several euro zone countries face the same fate later in the day, according to reports.” Maybe because that “strict” 2012 budget France … Continue reading
Posted in Budget, Economics, Welfare State
Tagged Europe, European Debt Crisis, France, Welfare State
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EuroDoom Roundup for January 11, 2012
The race to a Euro-crackup seems to have slowed down to merely a jaunty saunter this week. Maybe once everyone made it to the New Year without a sovereign default, the Eurocrats might have breathed a sigh, confident that there’s … Continue reading
Posted in Budget, Economics, Foreign Policy, Welfare State
Tagged Declan Ganley, Euro, Europe, European Debt Crisis, Germany, Greece, Ireland, PIIGS, Spain
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Slow Motion EuroZone Trainwreck Continues
It didn’t take long for cracks to start appearing among national politicians who are not nearly so sanguine over the prospect of Anschluss II as their counterparts in Brussels. The French people are not wild about it either. But French … Continue reading
Posted in Budget, Economics, Foreign Policy, Welfare State
Tagged Ambrose Evans-Pritchard, Euro, Europe, European Debt Crisis, France, Germany, Goldman Sachs, Greece, Italy, PIIGS, Portugal, UK, Welfare State
1 Comment
European Union to Become SuperDuper European Union
Let me see if I can get this straight: UK Prime Minister David Cameron, objecting to the Deutschland Uber Alles renegotiation of the Maastricht Treaty, is now causing the creation of a new SuperDuper Europe, with Germany reoccupying the Rhineland … Continue reading
Posted in Budget, Economics, Foreign Policy, Welfare State
Tagged David Cameron, Euro, Europe, European Debt Crisis, France, Germany, Ireland, Poland, UK
1 Comment
Ten Days to a EuroZone Collapse?
So says a piece in the Financial Times, here excerpted from behind the paywall. Things are moving very fast indeed on the Euro front: U.S. banks stop lending to European governments. While this is good news, the possibility that the … Continue reading
Posted in Budget, Economics, Foreign Policy, Media Watch, Welfare State
Tagged Economics, economy, Euro, European Debt Crisis, IMF, Ireland, Portugal
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Now Even German Bonds are Toxic
Now investors are even shying away from German sovereign debt: A “disastrous” sale of German benchmark bonds on Wednesday sparked fears the debt crisis was beginning to threaten even Europe’s biggest economy, with the Bundesbank forced to hold on to … Continue reading
Could All Of Europe Declare Bankruptcy?
That’s the option being openly talked about: Europe may need to pull a Chapter 11 – a US-style bankruptcy, which would permit a market shutdown and Euro Zone reorganization before reopening for business. The EU desperately needs a break from … Continue reading
Posted in Budget, Economics, Welfare State
Tagged Euro, Europe, European Debt Crisis, Greece, IMS, PIIGS, Spain
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