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Strikes and demonstrations rock SpainBy Alejandro López 27 February 2013On Saturday, hundreds of thousands participated in demonstrations in over 80 cities around Spain on the 32nd anniversary of the attempted coup led by Civil Guard Lt. Col. Antonio Tejero, who seized the Congress of Deputies in 1981 to reverse the transition to bourgeois democracy back to Francoism. The..

‘Medical stocks are down by 90 percent’: Greece accuses pharma giants of slashing importsPublished time: February 28, 2013 01:36AFP Photo / Louisa GouliamakiTags Crisis, Greece, HealthThe Greek government has reportedly accused 50 leading pharmaceutical companies of cutting off supplies of key medications to the country, sparking a run on pharmacies. Drug companies say the..

Ben Bernanke proves why the Federal Reserve should be abolishedFebruary 27, 2013 By Andrew Moran Leave a CommentFederal Reserve Chairman Ben Bernanke delivered testimony to the Congress on Tuesday. It was an interesting speech because it just proved how incompetent he is and how the entire central banking system is flawed and a total failure. In his remarks, he discussed how l..

2-22-2013 Economic Collapse: The Fed Just Went Bankrupt ... Game OverSubmitted by carpavel on Mon, 02/25/2013 - 21:00inEconomyDEAD MAN WALKING James Turk Warns The Federal Reserve Is Already Insolvent “... the Federal Reserve is already insolvent.” Turk also stated, “Because of the intense leverage that the Federal Reserve employs, this means the mark-down on its $2.844 ..

The U.S.-EU Free Trade Deal: Foundation for a New Global Economic OrderBy Dana GabrielGlobal Research, February 27, 2013Be Your Own LeaderRegion: Europe, USATheme: Global Economy 5 4 0 45The U.S. and EU have agreed to launch negotiations on what would be the world’s largest free trade deal. Such an agreement would be the basis for the creation of an economic NATO and would i..

Moody’s credit downgrade heightens UK economic crisisBy Chris Marsden 27 February 2013Only the foolish would predict the fate of the pound over the next days and weeks, given the crisis gripping the world’s currencies and markets, most notably the euro. Nevertheless, the downgrade of the UK’s credit rating by Moody’s was a negative verdict on Britain’s economy that i..

Former Fed Economist Arnold Kling comments on interest, Ben Bernanke to delivery testimonyFebruary 26, 2013 By Andrew Moran Leave a CommentArnold Kling, a former economist at the Federal Reserve from 1980 to 1986, published a blog post over the weekend that looked at economist Tyler Cowen’s remarks on the Fed and inflation levels. Here are Cowen’s initial comments: “Ever..

[동아일보] 미국 연방 정부가 올해만 850억 달러, 향후 10년 동안 총 1조2000억 달러의 예산을 자동 삭감해야 하는 이른바 ‘시퀘스터(sequester)’ 조치의 발동 시기가 다음 달 1일로 다가오면서 미국 정치권이 다시 ‘폭탄 돌리기’에 분주하다. 여야는 협상 테이블에 마주 앉기보다는 장외 홍..

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Mort Amsel China’s economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade im..