Speaking to a broad spectrum of people in Greece I am starting to wonder if bank runs are a fiction...
banks
There is talk about a complete private sector strike tomorrow in Greece as a protest at further tax increases. But...
Post Here My Reply (more…)
You probably already knew Moody's were clueless and not to be taken seriously. (more…)
A lot of things came out of Paul Tucker's testimony yesterday in front of a Commons Select Committee. The first was...
To establish the fundamentals. The British Labour Party is socialist, therefore their broad mission is to protect the working class...
I'm watching the testimony live here http://www.livestation.com/en/bbc-world The point that is coming through in my mind is that the way LIBOR...
One thing that has struck me through all the news coverage of the supposed LIBOR rigging has been the complete...
Athens News reports today that out of the 1 billion Euro bailout tranche paid to the Greek government in June,...
Bloomberg did a little piece of the LIBOR rate rigging scandal today. If you are the sort of person that...
The EU summit on the weekend has announced that banks could now get direct access to a country's tax revenue...
Just caught this article. Apparently banks have been working together to fix interest rates. This does not surprise me, I...
You would think Junker would have enough on his plate trying to implement his Eurobond idea but no. The next...
1. Fascist. You have the Spanish finance minister on TV categorically denying that the government has anything to do with...
Wikipedia has a complicated explanation of fraudulent conveyance and why it is illegal but it simple terms it boils down...
Reuters has a very broad article today outlining he possible consequences of a Greek exit from the Euro currency. It...
The money system of most countries of the world is based on the central banking business model. The business model...
Central bank From Wikipedia, the free encyclopedia This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material...
Troubled Asset Relief Program From Wikipedia, the free encyclopedia "TARP" redirects here. For other uses, see Tarp. This article is about...
Apparently Greek banks could need up to 50 billion Euros to stop them from becoming state entities. Ever since Gordon...
The Greek government, in alarmingly fascist behaviour, is giving the Greek population financial advice although it has no obvious authority...
The Greek recession has been, and is being deliberately induced by the Greek government. The purpose is vilify German economic...
The European Central Bank (ECB) is the institution of the European Union (EU) that administers the monetary policy of the 17 EU Eurozone member states. It is thus one of...
The ECB is currently influenced by German politicians (Bear with me, it takes a while for me to get to...
Athens News covers an intelligencesquared debate held in Greece yesterday. Roubini is one of the most respected economists on the...
The single biggest issue with a Greek government default will be the effect it has on the banks in Greece....
At a time when the Greek GDP is not enough to service the Greek debt load, Papademos has announced that...
Before talking about the new Drachma, we first have to identify the problem with the current Euro currency system and...
Merkel continues to put up impressive resistance to the attempts of Sarkozy and the international banks to put the printing...
Angela Merkel has publicly stated that Greece is free to stay in the Euro no matter what happens to the...
Despite massive pressure from the international banking cartel as well as other European countries and her own electorate Merkel continues...
In a succession of statements designed to coerce the Greeks into new austerity measures the central bank governor of the...
Their mouth is moving..... boom boom But seriously, how can you tell when a politician is trying to do something against your best...
Something big must be on the horizon for Greece. For no apparent reason the privates banks have been on a...
A proposal for the currency of an independent Wales. Money is simply people's labour and property in an easy to trade form....
Looking at this article Ill go through the article piece by piece 1. Charles Wyplosz says this - Angela Merkel’s vision of fiscal...
Mervyns King, governor of the Bank of England’s reading a statement regarding the Monetary Policy Commission’s latest recommendations httpv://youtu.be/vU03yTufdAo To...
Either Sarkozy is completely incompetent or completely crazy or pumping out propaganda for an as yet, undisclosed purpose. The People's...
Looking past the obvious commentary given in the mainstream media which is "investors must think Germany is not a safe...
Laurence Parisot is a director of BNP Paribas - when asked what she saw as the solution to the Euro...
No wait that's not right, the Bank of England wants to print 75billion pounds and give it to private banks...
Reading newspaper websites it seems like a lot of Germans and British have a superior attitude to Greece. Like they...
As a sign of the corrupt times we are living in and if it could not be more obvious that...
Greek government implies one thing and that says something else. Athens News today A statement by Sata President Thymios Lymberopoulos...
I have criticised the Greek central bank governor before for his comments but today's quote in Athens News was the...
I wrote on article which referred to the Bank of England's decision to continue to print money. That article grew...
The Bank of England has announced it will continue to stimulate the economy because of the faltering recovery. In other...
That is what the Greek deputy prime minister has said will happen if Greece defaults (more…)
