We have been promised for at least the last 12 months now that we are coming out of, or we are already out of the global credit crisis. Maybe someone should have told Europe, the last few days there has been hundreds of thousands of people rioting in the streets of Greece, Portugal, Ireland, Slovenia and Lithuania over budget cuts. Some news headings over the few days: Fury sweeps Europe Spain has first …Read more
The worlds top forecasters all believe 2010 is going to be a bad year, worse then the collapse of 2008 (and …Read more
As Europe is bailed out to the tune of nearly $1 trillion dollars, Congressman Ron Paul warns that the constant …Read more
The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing …Read more
Greece is running out of money and fast. Greece is trying to get a loan from Germany and below market …Read more
The yield on 10-year Treasuries – the benchmark price of global capital – surged 30 basis points in just two …Read more