Earlier this year, the European Union’s economic arm fought tooth and nail with Greece over their massive amounts of sovereign debt that hung in the balance between default, and restructure. In the end, the Troika […]
The European Union (EU) was originally setup to be a trade union that expanded decades later into a monetary union. But with the European Central Bank (ECB) at the heart of financial destruction created in […]
It is a given that the computer driven algo’s always run wild on days in which central bank leaders speak, but what was most important about ECB head Mario Daghi’s speech on Oct. 22 was […]
It is fascinating to think that just seven years ago, Goldman Sachs was on the cusp of bankruptcy. However, thanks to a former CEO of Goldman (Hank Paulson) being in place as the Secretary of […]
As Greece races towards tomorrow’s deadline, several legislators within the British government are offering an entirely different solution to the problem. On June 29, 25 MP’s from outside the leading conservative party have suggested that […]
In the span of just a week, the leader of Greece and the ruling Syriza party made two very opposite and polar decisions that has the world wondering what the real game being played in […]
As we head into tomorrow, a day of reckoning may be upon the world’s financial system as both Greece and the Troika reach a deadline for coming up with a solution to the Greek debt […]
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