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The Greek Debt Crisis Explained in Four Minutes

admin — Mon, 11 Oct 2010 03:07:10 +0000

In which John explains the Greek debt crisis, which has pushed the Greek government close to defaulting on its loans, the reasons why the Euro zone and the IMF are desperately trying to bail Greece out, and what the rising cost of sovereign debt means for the massive budget deficits throughout the developed world.

Thanks to Karen Kavett at http://www.youtube.com/xperpetualmotion for the illustration.

Debt Chart: http://en.wikipedia.org/wiki/File:US_Federal_Debt_as_Percent_of_GDP_by_President.jpg

Duration : 0:3:49

Technorati Tags: Crisis, currency, debt, economics, euro, europe, finance, financial, greece, international, monetary, money, nationalism, policy, sovereign

Bankruptcy UP 17%, 46% of Unemployed are Long-term! Gold Prices hit $1,250

admin — Fri, 18 Jun 2010 22:50:56 +0000

Video commentary on the economy, foreclosures affect on the housing market in 2010, the increase of bankruptcy filing in the first quarter of 2010, BP trying to contain the oil spill, gold prices and declining euro.

BP to replace containment cap next month: AP

http://www.marketwatch.com/story/bp-to-replace-containment-cap-next-month-ap-2010-06-07

Fickle oil spill scatters its threats across Gulf

http://news.yahoo.com/s/ap/us_gulf_oil_spill

Democrats propose further tax hike on offshore oil

http://news.yahoo.com/s/ap/20100608/ap_on_go_co/us_congress_taxes_1

Ahmadinejad Stresses Need for New World Order

http://english.farsnews.com/newstext.php?nn=8903171502

Gold price hits new record as it breaks through $1,250

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7810575/Gold-price-hits-new-record-as-it-breaks-through-1250.html

The number of long-term unemployed workers continues to swell

http://www.csmonitor.com/Money/Paper-Economy/2010/0607/The-number-of-long-term-unemployed-workers-continues-to-swell

Underemployment

http://money.cnn.com/2010/05/20/news/economy/consumer_retail_walmart.fortune/index.htm

Bankruptcy Filings Increase in the First Quarter of 2010

http://www.acainternational.org/Bankruptcy-Filings-Increase-in-the-First-Quarter-of-2010-16727.aspx

Euro continues to fall, plummets below $1.20 against U.S. dollar

http://digitaljournal.com/article/293061

Foreclosure Glut: Is ‘Shadow Inventory’ Really a Threat?
http://abcnews.go.com/Business/Home/foreclosure-glut-shadow-inventory-threat/story?id=10825712

Duration : 0:6:36

Technorati Tags: affect, Ahmadinejad, bankruptcy, bp, cap, containment, currency, democrats, economy, euro, filing, first, foreclosures, gold, housing, increase, long-term, Market, new, oil, order, prices, quarter, replace, spill, unemployed, workers, World

President Obama predicts US Bankruptcy – BREAKING NEWS

admin — Fri, 07 May 2010 09:13:12 +0000

In an ABC news interview, president Obama predicts the bankruptcy of the federal government. It is as such remarkable, because it is the first time a president talks about this as an option: http://abcnews.go.com/video/playerIndex?id=9358333

Duration : 0:4:34

Technorati Tags: Argentina, bankruptcy, budget, celente, collapse, collapsing, Crisis, currency, dollar, Dollar crisis, faber, federal, Gerald, Index, investing, jim, keiser, Mark, max, model, obama, peter, predicts, president, right, rogers, schiff, US, USD, were

US Bankruptcy: You’ve Been Robbed

admin — Tue, 16 Mar 2010 01:10:38 +0000

how can bankruptcy be a gift? AwakenSafely reveals the hidden benefits of liquidation–and shows how the government is trying to rob the free markets. *** Please Rate, Subscribe and for goodness sake….engage in conversation!

Read this story to understand the lack of disclosure on the government’s part:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alINrCmj3dgU

Duration : 0:7:57

Technorati Tags: awake o sleeper, bailout, bankruptcy, banks, California, constitution, crash, credit, credit cards, currency, economic collapse, foreclosure, freedom, gerald celente, great depression, liquidation, NWO, obama, peter schiff, real estate, ron paul, stock market, TARP, taxes, US Dollar, US Senate

UK on the verge of Bankruptcy !!!!!!

admin — Mon, 08 Mar 2010 04:22:04 +0000

UK on the verge of Bankruptcy

uk britain Peter schiff Jim Rogers Obama gold silver federal reserve economic collapse crisis michael maloney gata inflation alan greenspan ben bernanke LTCM Peter schiff max keiser stacy herbert comex GATA dollar fiat amero currency bretton stock market crash rothschild jp morgan goldman sachs credit hyperinflation celente weimar Moriarty bullion coin manipulation lindsey williams bob chapman IMF bailout larouche alex jones ron paul wearechange depression

Duration : 0:2:38

Technorati Tags: alan, alex, amero, bailout, ben, bernanke, bob, bretton, britain, bullion, celente, chapman, coin, collapse, comex, crash, credit, Crisis, currency, dollar, economic, federal, fiat, gata, gold, goldman, greenspan, herbert, hyperinflation, IMF, inflation, jim, jones, jp, keiser, larouche, lindsey, LTCM, maloney, manipulation, Market, max, Michael, morgan, Moriarty, obama, paul, peter, reserve, rogers, Ron, rothschild, sachs, schiff, silver, stacy, stock, uk, weimar, williams