Europe, the G20, and the global authorities have one last chance to contain the EMU debt crisis with a nuclear solution or abdicate responsibility and watch as the world slides into depression, endangering the benign but fragile order that has taken shape over the last three decades.
Continued on Page 47
#4
It also means food priced out of sight in Africa, and medicines priced out of sight, and trade locked up, and so on. A lot of innocent bystanders are going to die.
Posted by: James ||
09/25/2011 15:52 Comments ||
Top||
#5
It also means food priced out of sight in Africa and Dar.
#9
"It also means food priced out of sight in Africa, and medicines priced out of sight, and trade locked up, and so on. A lot of innocent bystanders are going to die."
And this is different from the way it is now because....?
Posted by: Barbara ||
09/25/2011 20:12 Comments ||
Top||
#10
The world has been sliding into depression and has been on the verge of catastrophe since 2007. There will always be room for a different flavor of global catastrophe brought on by the boundless creativity of the smartest guys in the financial world.
#12
Utterly forgotten in this brouhaha is a simple principle: Banks are supposed to have expertise in preserving capital and managing risk. If they cannot discharge those simple duties, then perhaps they should not be in the business of finance. Most of all, they should not be engaging in behavior that puts taxpayer money at risk. - Barry Ritholz
#13
Another point of view from an ER doc in Portugal: on the other hand Europe without unity and peace means wars and destruction. And that is far more expensive that bailing out countries...
Believe me: our enemy is not Russia, or the US or Wall Street: our enemy is a globalization that gave a Communist Country the power to use its planned economy, slave labour and a artificial low value currency to impose a new world order... The US may have Drones, Aircraft Carriers, Nukes but in fact CHINA is getting its claws on our Democratic System... wake up Free World and never forget you were born in ATHENS, GREECE!
#2
I think we're getting ahead of ourselves in saying Belgium doesn't have a government. What they don't have is the elective portion of the national government.
But by now, that's not most of a European government.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
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Chris gives us Mexican press dispatches of drug and gang war violence
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Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
