Learn from the Argentinean crisis
TERMINAL CRISIS BRINGS DOWN THE GLOBAL FINANCIAL SYSTEM
Adrian Salbuchi: Go Get Your Dollars Out Now! FAST!!!
Watch the video on YouTube.
Part One: http://www.youtube.com/watch?v=UlDNMB6wYmI
Part Two: http://www.youtube.com/watch?v=78ddURofMWs
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Type in the YouTube Search: "Salbuchi - Global Financial Collapse"
An Argentine opinion on the Global Financial Crisis by political analyst ADRIAN SALBUCHI, describing how the whole Global (...)
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Learn from the Argentinean crisis
7 April 2009 par (Open-Publishing)
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Soros says U.S. banks "basically insolvent"
6 April 2009 par (Open-Publishing)
Soros says U.S. banks "basically insolvent"
Mon Apr 6, 2009 10:37am
NEW YORK (Reuters) - The U.S. economy is in for "a lasting slowdown" and won’t recover this year, while "the banking system as a whole is basically insolvent," billionaire investor George Soros told Reuters Financial Television on Monday.
While nationalization of banks is "out of the question," he said stress tests being conducted by the U.S. Treasury could be a precursor to a more successful recapitalization.
But (...) -
US Communities print their own currency to keep cash flowing
6 April 2009 par (Open-Publishing)
US Communities print their own currency to keep cash flowing
By David Coates, The Detroit News, via AP
In Detroit, three downtown businesses have created a local currency, or scrip, to keep dollars earned locally in the community.
A small but growing number of cash-strapped communities are printing their own money. Borrowing from a Depression-era idea, they are aiming to help consumers make ends meet and support struggling local businesses.
The systems generally work like this: (...) -
Deep Recession in America: The Crash of 2009, The Collapse of 2010
6 April 2009 par (Open-Publishing)
Deep Recession in America: The Crash of 2009, The Collapse of 2010 The real economic collapse could come by the end of this year
by Humayun Gauhar
Global Research, April 5, 2009 The Nation (Pakistan)
Editor’s Note This article is meant to be provocative. Global Research does not necessarily share its conclusions.
Letter to my son
My dear Muhammad Ali:
I told you that it’s a funny world getting funnier. Many American analysts are saying that America’s real economic collapse (...) -
The Financial War Against Iceland: Being defeated by debt is as deadly as outright military warfare
5 April 2009 par (Open-Publishing)
The Financial War Against Iceland: Being defeated by debt is as deadly as outright military warfare
by Prof Michael Hudson
Global Research, April 5, 2009
Iceland is under attack – not militarily but financially. It owes more than it can pay. This threatens debtors with forfeiture of what remains of their homes and other assets. The government is being told to sell off the nation’s public domain, its natural resources and public enterprises to pay the financial gambling debts run up (...) -
The G-20 soap opera
5 April 2009 par (Open-Publishing)
The G-20 soap opera By Dr.-Ing. Artur P. Schmidt Sunday, 5 April 2009
The glamor poses of pop stars of politics, especially Obama, Sarkozy and Berlusconi are the real problems of mass unemployment and the specter of the collapse of capitalism distracted.
The false messiah
After the leaders of the world have taken, is now the state of peace, joy, pancake. Obama embraces Europe and the Old World is to this trick Bauer enters fall. The Messiah is in Europe and all will be good if (...) -
VIDEO: More IMF "Economic Medicine" Is Not the Solution
4 April 2009 par (Open-Publishing)
VIDEO: More IMF "Economic Medicine" Is Not the Solution G-20 Proposals will exacerbate the Global Economic Crisis
by Michel Chossudovsky
http://www.globalresearch.ca/index.php?context=va&aid=13052 -
Obama’s Toxic Asset Plan: The Plan will leave the same Amount of Toxic Assets In the System
4 April 2009 par (Open-Publishing)
1 commentObama’s Toxic Asset Plan: The Plan will leave the same Amount of Toxic Assets In the System, but with Taxpayers now liable for most of the Losses
by Washington’s Blog
Global Research, April 4, 2009
Washington’s Blog
The most succinct description of what is wrong with Geithner’s PPIP toxic asset plan comes from the Financial Times:
Critics say that would leave the same amount of toxic assets in the system as before, but with the government now liable for most of the losses through (...) -
Summits Come and Summits Go As The Economy Continues Its Slide
4 April 2009 par (Open-Publishing)
Summits Come and Summits Go As The Economy Continues Its Slide After the G-20 Summit. What was Accomplished and For How Long
by Danny Schechter
Global Research, April 3, 2009
The eyes of the world have been on the Economic Summit in London but the ideas of the world were mostly conspicuous by their absence. Here we have a global crisis. The house is on fire. Unemployment is climbing. The real estate contagion is now claiming condos and even shopping malls. It’s bad and by most (...) -
G20 summit: US and Europe paper over divisions
4 April 2009 par (Open-Publishing)
G20 summit: US and Europe paper over divisions
by Chris Marsden and Bill Van Auken
Global Research, April 3, 2009 World Socialist Web Site
The G20 summit concluded Thursday having failed to adopt the principal demands of either the US and Britain, which came to the London gathering advocating coordinated global fiscal stimulus, or a European bloc led by Germany and France, which called for international regulation of major financial institutions.
Instead, the two sides papered over (...)