"euro default" tag
Spain Financial Crisis 4

Crash 2: 76 Years On, Spain Once Again Holds the Key to the Future

By John Ward http://hat4uk.wordpress.com/2012/04/20/crash-2-76-years-on-spain-once-again-holds-the-key-to-the-future/ For all kinds of reasons (entirely family, nothing to to with GCHQ etc) my posts will be briefer and more sporadic for the foreseeable future. Sometimes, stuff like this…

europe at night

Euroblown: ClubMed Money stampedes Northwards as French Lay Plans to Cut the Bond Market’s Throat

Capital flight from the eurozone is accelerating at an alarming rate. But the real figure to look at is that for money heading north within the zone. It is absolutely unprecedented. In March 2012 alone,…

Spain Financial Crisis 4

Spaniards Wage Nationwide Strike Against Austerity

By CIARAN GILES, Associated Press – 5 hours ago   http://www.google.com/hostednews/ap/article/ALeqM5imCDoMJOu4d30tGQZ2X10ZsjV4_A?docId=ac065125c10e4e09abfcda156f7ce228 MADRID (AP) — Spanish workers livid over labor reforms they see as flagrantly pro-business staged a nationwide strike Thursday and tried to bring…

european central bank

The Collapse of the Euro

Bob Adelmann, The New American, 01-12-2012 http://www.thenewamerican.com/world-mainmenu-26/europe-mainmenu-35/10515-the-collapse-of-the-euro One of the unintended consequences of the ongoing and accelerating crisis in the eurozone is that ordinary citizens are taking their money out of the banks…

Why Spain’s New Government Is Drinking Austerity Kool-Aid and How This Threatens the Global Economy

Marshall Auerbach, Alternet, 01-03-2012 http://bit.ly/y7gdsP European elites push economic myths that benefit the rich and screw the rest. Spain’s program means even higher public deficits, fewer jobs, and slowed growth. Spain’s new government…

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