• Sprott Money
    01/11/2016 - 08:59
    Many price-battered precious metals investors may currently be sitting on some quantity of capital that they plan to convert into gold and silver, but they are wondering when “the best time” is to do...

Archive - Jun 23, 2012 - Blog entry

CrownThomas's picture

Philipp Bagus: Spain Can Thank The Euro for Their Issues





Philipp Bagus explains that Spain's use of the Euro currency has led to them being able to spend & spend, accumulating so much public debt without any real consequences.

 

Phoenix Capital Research's picture

Forget the PIIGS, the EU as a Whole is Insolvent





Let’s consider Germany. According to Axel Weber, the former  head of Germany’s Central Bank, Germany is in fact sitting on a REAL Debt to GDP ratio of over 200%. This is Germany… with unfunded liabilities equal to over TWO times its current GDP.

 

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