Posts Tagged ‘ Greece ’

Ack! They Are Actually Going To Let Greece Default!

Ack! They Are Actually Going To Let Greece Default!

I wish that I had an "aha moment" to share with you today, but instead all I have is an "ack moment" to share.  As I was analyzing all of the info coming out of Europe in recent days, I came to the following realization: "Ack! They are actually going to let Greece default!" ...
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Posted in Collapse, OP/ED, Polemic | 1 Comment »

Is The End Of The Euro In Sight?

Is The End Of The Euro In Sight?

The future of the euro is hanging by a thread at the moment.  The massive debt problems of nations such as Greece, Italy and Portugal are dragging down the rest of the Europe, and the political will in northern Europe to continue to bail out these debt-ridden countries is rapidly failing.  Could the end...
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Posted in Financial, OP/ED | 2 Comments »

Popping the Quadrillion-Dollar Derivatives Bubble: Not If, But When

Europe has belatedly grasped that huge Credit Default Swaps are being sold to hedge short positions that cannot be filled. There is a run-up of precious metal, but it cannot continue because all that metal is going to be dumped to cover the enormous margin calls which, because of long hedges, cannot be met...
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Posted in Financial, OP/ED | 10 Comments »

“We Are Doomed” – An On The Ground Report From Greece

“We Are Doomed” – An On The Ground Report From Greece

As things have been heating up in Greece over the last several months, one of our readers has been keeping us abreast as to the goings on and the general sentiment of the Greek people. While European leaders like to downplay the seriousness of what’s happening on the ground, it’s clear that Greece is...
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Posted in World News, World Views | 1 Comment »

Debt, Radiation and Earthquakes: It is Getting Worse and Everyone Knows It

Greece, Ireland and Portugal are going to default on their national debts. Most other EU nations are bailing out of private bonds in those countries and converting their equity to national debt. China is bailing out of private US debt and converting it to treasury paper. At some point, and I think we...
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Posted in OP/ED | 3 Comments »