THE GLOBAL FINANCIAL CRISIS
Guerre mondiale financière
By Ron Hera, Hera Research, LLC Excessive leverage and risk in the financial system, e.g., using customer funds to speculate, never ends well.
WASHINGTON - December 6 - According to reports, Verizon Wireless is restricting consumers’ ability to download and use Google Wallet.
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VILNIUS, Lithuania -- Issuing new warnings to two U.S. partners Tuesday, U.S. Secretary of State Hillary Rodham Clinton criticized Russia for a parliamentary election she called rigged and said election gains by Islamist parties must not set back Egypt's push toward democracy after the fall of autocrat Hosni Mubarak this year.
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The Friedmans (Thomas, and before him, Milton) are very useful to bankers. They take the spotlight off the perpetrators of the crimes and blame financial ruin on the victims. On May 5, 2010, I open up the Wall Street Journal and I could puke.
SOURCE: AP/ J. Scott Applewhite Among the efforts by conservatives to make escaping poverty harder was Sen.
All Roads Lead to Rothschild Ironically coined by the Romans, the phrase “All roads lead to Rome”.
Americans are under the quaint, even vaguely poignant illusion that they will actually elect a president next year. But, of course, the voting that will determine who leads the United States from 2013 onward will take place not in the United States but in Europe, in China, and in a handful of other distant locations.
The system effects resulting from banks’ behaviour during the credit crisis are much greater than expected. The financial world has underestimated the risk to the system of these effects, which are also known as second-round effects. Economist Jan Willem van den End came to this conclusion in PhD research which investigated how banks and governments acted during the crisis.
Future suggestions of world economy
European Ecconomies- Austerity the New Normal?
IMF, WTO, ECB, FedReserve
The Mortgage Crisis