(ZHE) While in recent weeks there has been a material increase in Fed balance sheet normalization chatter, according to a new report from Deutsche Bank analysts, it may all be for nothing for one simple reason: should the US encounter a recession in the next several years, the most likely reaction by the Fed would be another $1 trillion in QE (see: bailout), delaying indefinitel
Back in November I wrote a bleak account of the situation in Greece as I witnessed it following a brief visit there.
More recently I have written pointing out how the IMF has itself concluded that the situation in Greece is unsustainable.
The Financial Times is reporting that a confidential IMF report is saying that Greece’s public debt is ‘unsustainable’ and is set to spiral to three times the size of Greece’s annual economic output, and that Greece’s economy cannot be expected to grow out of its debt problem.
(ANTIMEDIA) The failures of government intervention in the economy have made headlines yet again. Recent stress tests by the Federal Housing Finance Agency found something sinister brewing under the surface at notorious mortgage giants Fannie Mae and Freddie Mac.
President Obama is racing forward to establish his imperial legacy throughout Russia, Asia and Latin America.
In the last two years he has accelerated the buildup of his military nuclear arsenal on the frontiers of Russia. The Pentagon has designed a high tech anti-missile system to undermine Russian defenses.
Iceland just sentenced the 26th banker to prison for his role in the 2008 economic crisis.The post Iceland’s Bankers Face 74 Years in Prison While US Banks Profit After Your Bailout appeared first on The Anti-Media.
Who Rules Europe?
By: Andrew Gavin Marshall
22 July 2015
RT | March 11, 2015 President Poroshenko’s government is far more corrupt and less efficient than the previous one, according to Martin Sieff, columnist for the Baltimore Post-Examiner. It’s like a black hole, the more money you pour in the less you will have, he added. The International Monetary Fund (IMF) is to decide Wednesday […]
RT | January 26, 2015 The bailout program, which the outgoing Greek government signed with the EU, is dead and will be renegotiated, Yiannis Milios, chief economy policy maker at the leftist anti-austerity party Syriza said after it won the country’s parliamentary election. European Union Finance Ministers are scheduled to meet in Davos on Monday, […]
