Europe

Oil Prices- Where Now?

Conflicting Forces at Play with Oil Prices An Interview with Mike Shedlock  As markets continue to yo-yo and commentators deliver mixed forecasts, investors are faced with some tough decisions and have a number of important questions that need answering. OilPrice.com was fortunate enough to speak with the award winning economic commentator Mike “Mish” Shedlock. His blog: Mish’s […]

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Forensic Accounting the Solution to the Financial Crisis

Editor’s Note: Although this article specifically mentions events in the U.K. it is equally applicable to events and situations in the U.S. I just finished reading best selling author Michael Lewis’ excellent book The Big Short: Inside the Doomsday Machine which fully details the inside workings of the U.S. SubPrime Bond market that led up to the 2008

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debt_vs_gdp

Debt in Relation to Gross Domestic Product

These days, when we hear about “debt” in the news media, it is often Greece’s debt that is the topic of discussion. According to the media it seems that Greece’s debe must be way out of proportion with the rest of the world. Many experts believe that no matter how much austerity is imposed Greece will never be able to repay

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Doug Casey: A Eurocrash Is Baked in the Cake

Euro-Crash In an interview with Louis James, world traveler and legendary speculator Doug Casey makes a compelling case for becoming a “permanent tourist” to be best able to survive the coming economic crash. Louis James: So Doug, you’re off to FreedomFest shortly, where people will be able to hear your latest thoughts on many subjects.

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European Debt Crisis: “Imagine the Worst and Double It”

Just how will the sovereign debt crisis end? By Elliott Wave International We’ve all heard the line: Let me give it to you straight. And in speaking to his counterparts in Spain, an Irish economist did just that. Ireland has this banking advice for Spain: imagine the worst and double it. [emphasis added] Like Ireland,

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