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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (62754)4/14/2010 11:26:13 AM
From: elmatador  Read Replies (1) | Respond to of 217591
 
"Austerity plans" IMF and EU style is an antiseptic, technocratic jargon for life-shortening and killing impact of gutting income, social services, spending on health on hospitals, education and other basic needs, and selling off public infrastructure for buyers to turn nations into "tollbooth economies" where everyone is obliged to pay access prices for roads, education, medical care and other costs of living and doing business that have long been subsidized by progressive taxation in North America and Western Europe.

Something tells me I have seen this film before.

The Coming European Debt Wars
beforeitsnews.com



To: LLCF who wrote (62754)4/15/2010 5:58:49 AM
From: TobagoJack  Respond to of 217591
 
in the mean time, just in in-tray

"...Have you seen the greek spreads today? It's like saying "show me your cards!" and it will be really interesting to see if all these Eurozone govts are going to get their shit together in the next 3-4 weeks to pass the greek support bill in time. It's going to be like that day in October 08 when the US house turned down the bail out bill to approve it 2 days later after the S&P had tanked 10%. The only difference is that it will be multiplied by all these different countries taking a vote. What a mess it's going to be! ..."