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Barack Obama
We have policies that are accelerating the most destructive trends of the global economy...
The difference between competitive devaluation and competitive deflation
As we have already reported here, Iceland has succeeded in overcoming the crisis with simple regulations. Iceland President, Ólafur Ragnar Grímsson has explains its country recovery today on France 24. They…
Global Crisis – Back to Gold? Marc Faber Comments on Global Economy
On 22-Aug-12 Marc Faber, a Swiss investor, gave presentation in Dubai’s Funds World Middle East 2012 event discussing opportunities likely to emerge for institutional investors if sovereign debt crisis continues.…
European Banking Union – Commented by the EU Commissioner Olli Rehn
Common European Bank Regulator Reduces the Burden of Taxpayers Says Olli Rehn, European Commissioner for Monetary Affairs and the Euro Incumbent On Wednesday 12-Sep-12 Commissioner Olli Rehn commented EU Commission’s…
Georges Papandreou’s Referendum and Greece debt
With today event in Greece, we clearly see that political Europe is not working right now. Papandreou sent a real cannonball by proposing this referendum that will likely send the negotiation of Greek debt to zero. In this way, the Greek Prime Minister George Papandreou is covered…
The US dollar is still the main problem
The main medias keep sending mixed messages. But you have to distinguish here what we speak about. In fact, the euro is not the cause of the crisis that has its roots in 1971…
China will bail out Europe
All indicate that China is about to bail out southern eurozone countries. Indeed, China has realized during the last trial of strength that took place between the United States and the Middle Kingdom it has much more to lose in the…
A monetary bomb ticking
To some experts, the crisis we have in the euro area is the result of the fact that we wanted to build a political union through rich countries like Germany and France, poor countries, like Greece and Portugal being helped…
This Monetary Week’s Agenda (9.4.2011)
Here are the highlights of the coming week. On monday 9.5-11: IMF concludes Greek performance review. On thursday 9.8-11: ECB will decide or not to lower interest rates. Obama will…
Obama will speak next thursday, September 8
Obama’s speech is scheduled for September 8 at 7pm. When will President Obama speak? Finally, the date is settled for Obama’s speech which will happen next thursday September 8. The…
Obama speech expected early September 2011 (09.08.2011)
Update: Obama will adress the nation thursday, 8th 2011. About 2 weeks after Ben Bernanke speech, President Obama will adress to the nation. Bernanke’s speech has not succeeded in convincing…
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