Archive - Jun 23, 2012 - Blog entry
Philipp Bagus: Spain Can Thank The Euro for Their Issues
Submitted by CrownThomas on 06/23/2012 20:31 -0500Philipp 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.
Forget the PIIGS, the EU as a Whole is Insolvent
Submitted by Phoenix Capital Research on 06/23/2012 19:56 -0500Let’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.
Due to International Pressure (Or Typhoon Damage?), Tepco Agrees to Start Removing Radioactive Fuel from Fukushima a Year Early
Submitted by George Washington on 06/23/2012 12:14 -0500Good News for a Change?
