The history of Europe for the last three thousand years shows repeated attempts at forming large groups of people. All of these large groups failed repeatedly and the people involved returned to their cities or farms and their local cultures.
Before I started to write this article, I Googled the question “Can the Euro Survive?” and, of course I got over 10 million responses within 5 seconds. THE ECONOMIST OF LONDON VOTES One of the most interesting responses was from The Economist, where the question was laid at the feet of the readership (Yes or [...]
There is a fundamental change occurring in the world economy: Asian Industrial Powers are rising relentlessly, whilst Western Industrial Powers are collapsing in disarray. There is unity and purpose across Asia. There is discontent and conflicting purposes in the West. This is exactly what happened when Rome fell and Europe entered the Dark Ages. Over [...]
BEN BERNANKE While Ben Bernanke, the Chief of the Federal Reserve makes statements about the unemployment rate remaining high in the U.S. for the foreseeable future, GM announces the opening of new factories in Mexico. The Mexican workers will receive $26.00 a DAY – this is the HOURLY RATE in the U.S. Bloomberg — Mexico’s [...]
ANGELA MERKEL AND DAVID CAMERON CAN EUROPE SURVIVE? by Sanford Pinna, M.D. Copyright 2012 QUICK ANSWER: UNLIKELY! Today, we are seeing the investors of the world pull their money out of Europe and out of the Euro. As a consequence, equity markets in the rest of [...]
In my mind there are only three real Economic Gurus in the world today. The Three Gurus are: 1. Nouriel Roubini, New York University Professor. 2. Jim Rogers, Chairman of Rogers Holding, and ex-partner of George Soros. 3. Marc Faber, editor of Gloom, Boom and Doom report. These three men predicted the present recession [...]
GREECE CAN STEAL AS MUCH AS IT CAN GET! by Sanford Pinna, M.D. Copyright 2012 The charade in Greece is becoming an incredibly funny farce. Across the world the unwitting public believes that if Greece does not repay its Sovereign Debt, that is, loans from the banks of other European countries, it will [...]
“Ambivalence” is a condition that is uniquely human. Wanting two conflicting goals and unable to act decisively is common amongst humans, both young and old; and especially, amongst groups. We see this quandary whenever people are asked to vote for leaders who promise to take them in a specific direction. We are seeing it today [...]
