euro

Death Spiral of EU Crisis

Escalation of the situation in Europe:
"Lately, there seems to have been a pullback in EU elite ambitions, a cessation of confidence in the idea that Eurocrats could slam their collective, Orwellian boot endlessly in the face of a resentful populace. [...] If Spain goes, so goes the EU – and we will gladly wave it goodbye. One more dreadful, authoritarian celebration to pile on the junk heap."

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Max Kaiser on the Revoltion in Spain

Posted May 24th, 2011 by Klaas
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Why everybody in Europe should join the Spanish Revolution regardless of their political views.
Part 1: http://youtu.be/n_3sBm_NLDo
Part 2: http://youtu.be/dtJ8QLe_n7E

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EU chief warns 'democracy could disappear' in Greece, Spain & Portugal

Posted June 16th, 2010 by Deslock Darkstar
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Countries in debt may fall to dictators, EC chief warns -- 'Apocalyptic' vision as some states run out of money --- Democracy could ‘collapse’ in Greece, Spain and Portugal unless urgent action is taken to tackle the debt crisis, the head of the European Commission has warned.

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As Gold Hits Record, Central Banks in Focus

Posted June 9th, 2010 by Deslock Darkstar
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Gold Settles at $1,244 as Indications Emerge of a Shift Out of the Euro and Into Safer Assets -- Gold's surge to a record sparked speculation that central banks may be stepping up purchases of the precious metal.

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