Zero Hedge January 14, 2014 All things being equal, it doesn’t look like a bad place to starve to death. There has been much speculation recently about some immaculately conceived Spanish economic recovery. And while it has certainly sent the local Ibex stock market soaring,…
The Economic Collapse January 4, 2014 In America today, there are close to 50 million people living in poverty and there are more than 100 million people that get money from the federal government every month. As the middle class disintegrates, poverty is climbing to…
RT November 16, 2013 Oh, Ben. What are we to do? To protect Russians against the “collapsing US debt pyramid”, a Russian legislator has filed a draft bill to ban circulation of the currency in Russia. Once a Moscow mayoral hopeful, Mikhail Degtyarev, 32, likens…
PressTV November 16, 2013 War. The World Economic Forum (WEF) has warned that a lost generation of jobless youth in the eurozone could tear Europe apart if policymakers fail to address the chronic levels of unemployment. The warning came on Friday, as the WEF presented…
RT November 11, 2013 Obama: “Now we be gettin up in dis tradin, bouta be ballin.” Cameron: “Beg pardon?” Obama: “Shut yo faggot mouf, cragga, fo I gotsta shuts it fo ya.” The successful adoption of the EU-US trade agreement promises both parties massive gains…
RT October 22, 2013 A man searches for food inside a garbage, in front of a One Euro shop in central Athens Greeks are nearly 40 percent poorer than 5 years ago, with disposable incomes down by a third since the country entered into recession.…
Jeremy Warner The Telegraph September 3, 2013 When Mark Carney went to Nottingham last week to make his first speech as Governor of the Bank of England, media attention focused, naturally enough, on his reference to Jake Bugg, who we are told is a pop…
Greece may need a third bailout but would not accept new austerity measures, the Greek finance minister has said. BBC News August 25, 2013 Mr Stournaras, seen here with Joerg Asmussen of the European Central Bank last week, says Greece will not accept more austerity.…
AFP August 23, 2013 Representatives from countries negotiating a free trade pact that will cover nearly 40 percent of global economic output said Friday that differences between them persisted, as the US sought to assuage concerns over a looming year-end deadline. Trade ministers from the…
Michael Kunzelman AP IMPACT August 1, 2013 Small-town police departments across the country have been gobbling up tons of equipment discarded by a downsizing military — bicycles, bed sheets, bowling pins, French horns, dog collars, even a colonoscopy machine — regardless of whether the items…
RT July 29, 2013 The European Union and International Monetary Fund are holding onto Greece’s next €2.5 billion bailout installment until Monday as they wait for the Greek Parliament to fulfill one last condition. Before Greece can ‘unlock’ their next fiscal aid package, they must…
RT July 23, 2013 The city of Miami has stirred controversy after a commissioner floated the idea of reneging on a landmark agreement that instructs police officers not to arrest the homeless for largely minor offenses. In 1998 Miami enacted an agreement on the heels…
Detroit Free Press July 18, 2013 The city of Detroit filed for Chapter 9 bankruptcy protection in federal court Thursday, laying the groundwork for a historic effort to bail out a city that is sinking under billions of dollars in debt and decades of mismanagement,…
Daily Mail May 9, 2013 Rise: A man walks outside a Greek Manpower Employment Organisation office,in central Athens. Greek youth unemployment rose above 60 percent for the first time in February. Greek youth unemployment rose above 60 per cent for the first time in February,…
