Lawmakers in Portugal today defeated a plan to cut government spending, adding to fears that its budgetary woes will continue.
European markets faltered this week, as worries mounted that the threat of financial crises in Greece, Portugal, and Spain could spread across the Eurozone — and possible beyond.
Daljit Dhaliwal spoke with Marcus Mabry, international business editor of The New York Times, about a potential European financial meltdown and what it means for the rest of the world– and the United States.
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02/08/2010 :: 09:41:54 PM
brea Says:
#1 is CORRECT. “confessions of an economic hitman”, although written in layman terms explains the behavior of the IMF, WB, usury, and briefly rothchilds, debeers,oppenheimers, etc. FRACTIONAL BANKING doesn’t and WON’T work. it’s nothing more than slavery. secondarily it’s just a simple math algorithm, DOOMED TO FAILURE. the sooner one of these countries default the better. the larger the country the better. point of fact, if multiple countries collectively went bankrupt it would result in a accelerated solution.
i anxsiously await the outcome. conceivably could take years, but…inevitable, check your math.
simple, people simple, look at the math!!