Tag Archives: greece

It’s Hitting the Fan This Fall

Reading time: 5,245 words, 15 pages, 12 to 20 minutes. Eight years ago, I wrote, “Every day more holes in the financial system are uncovered causing more panic in the financial world. Expect to hear many soothing words from politicians … Continue reading

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Posted in Collapse 2015, Economic Collapse | Tagged , , , , , , , , , , , , , , , , , , , , , | 8 Comments

Brief Collapse Update – September 16, 2012

Reading time: 2,700 words, 6 to 11 minutes. Ok, not so brief. There has been much in the news this week. U.S. QE 3 – Unlimited Bond Purchasing As I expected, Helicopter Ben Bernanke, U.S. Fed Chairman announced another round … Continue reading

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Posted in Collapse 2012, Economic Collapse | Tagged , , , , , , , , , , | 6 Comments

Economic Insanity – brief update May 9, 2012

Reading time: 950 words, 3 to 4 minutes As expected, the incumbent French President Sarkozy has been ousted by left-wing Hollande who vows an end to austerity. Greece is left with messy minorities in Parliament elected by Greeks fed up … Continue reading

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Greek Default, Credit Event or Maybe Not

Reading time: 1500 words, 3.5 to 6 minutes Greece is in the news again. Ho, hum! We hear that Greece suffered a “restructuring credit event’ yesterday. Or, maybe not! The blogosphere is all atwitter with Greece being in default. Let’s … Continue reading

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Common Wisdom: Germany & Communism

Reading time: 900 words, 2 to 4 minutes The trouble with common wisdom is it’s neither common nor very wise. In fact, most of the time it’s either completely wrong or, at best, only half right. Case in point: the … Continue reading

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First Iceland, Now Greece Reject Austerity

Last year Iceland told the Banksters to pound sand where the sun doesn’t shine as the world’s oldest democracy (900 years) refused to accept austerity measures by bailing out the foreign bankers who demanded that ordinary Icelandic citizens suffer rather … Continue reading

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