Tag Archives: The IMF

The E.U. and Greece: Bluffing at Piker (When You’re Busted)

The Greeks are the currently anointed European crisis; that is fine with the Finns, the Spanish, Portuguese, Italians and French whose condition is not much different, though less well spotlighted. In the ‘last ditch’ talks wherein the E.U. will cave … Continue reading

Posted in European Union, Greece, The Euro | Tagged , , , | 2 Comments

Another Financial Shoe Drops…

We continue to point to the visible collapse of the world’s finances with this, our third in the ongoing series. South American monkeyshines–Argentina’s supermarket price freeze and Venezuela’s devaluation–were the first shoes to drop, followed by the German slowdown that … Continue reading

Posted in Bank Failure, Banks, Debt, Depression, E.U., Europe, Fiscal/Financial Responsibility, Overspending | Tagged , , , , , | 5 Comments