Economy

Economy

The latest threats from Syriza to the EU don't bode well for Europe. But, how long before the potential outfall spreads across the world?

The whole point is to inflict as much pain as possible, so Putin has no choice but to hand over Syria.

Its surprise move, perhaps prompted by the European Central Bank‘s recently announced intentions to unleash its own quantitative easing program, may be looked at in the future as the first significant counter-attack against our current global system of monetary insanity.

The setting up of UCRG is in its final stages, ready to challenge the ‘Big Three’ that currently dominate the industry...

The fact is, the economy needs the good-paying jobs more than it needs low-priced energy. But now that prices are tumbling, those jobs are going to disappear which is going to be a drag on growth.

To corral China and Russia (and Iran) is a massive undertaking for a country that is financially busted. With wars and bankster bailouts, Bush and Obama have doubled the US national debt while failing to address the disintegration of the US economy and rising hardships of US citizens.

By Daniel Tencer (source: The Raw Story )   Washington Post political correspondent David Broder has kind words for President Barack Obama in in his opinion...