SOUTHERN EUROPEANS INVADE GERMANY
The euro zone’s debt crisis is reshaping the fabric of European society as well as the economy. The biggest increases came from people moving from the stricken economies of Spain, Greece, Portugal and Italy.
Tag: "GREECE"
CYPRUS EURO DROPS AND GOLD JUMPS
European policy makers signaled flexibility on the application of an unprecedented bank tax in Cyprus, seeking to overcome outrage that threatened to derail the nation’s bailout. European shares and the euro fell.
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Mar 18, 2013 | 0 comments | View Post
VISITORS TO CYPRUS GET ROBBED BY THE EU BANKS
A planned tax on Cyprus bank depositors as part of a European Union bailout is sending people rushing to ATMs to withdraw cash.
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Mar 17, 2013 | 0 comments | View Post
A STORY OF IMMIGRANTS STRUGGLING IN GREECE
MIGRANTS In Greek Migrant Camp, Refugees Find Tough Road to Europe By Naomi Kresge – Dec 20, 2012 From BLOOMBERG Dr. Pinna says… The situation in Greece and the Middle East, poignantly told in this story of poor Greeks and desperate Middle Easterners, is not an isolated drama. The war in the [...]
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Dec 20, 2012 | 0 comments | View Post
POVERTY SETTLES INTO THE GREEK CITIES
It is quite possible that the Greek people might have to endure civil conflict in addition to their poverty.
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Dec 08, 2012 | 0 comments | View Post
ROMANIA WINS BY DEVALUING CURRENCY (AND WORKING HARD)
Resilient Romania Finds a Currency Advantage in a Crisis By DAN BILEFSKY November 3, 2012 From THE NEW YORK TIMES Dr. Pinna says… Romania, like other small and poor countries, are surviving the economic depression because they are not entangled in the Euro. Their currency, the Lei, can drop easily and [...]
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Nov 03, 2012 | 0 comments | View Post
THE COLLAPSE OF EUROPE — UNEMPLOYMENT, HIGHEST IN HISTORY!!
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 [...]
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Jun 01, 2012 | 0 comments | View Post
EUROPEAN BANKS WILL UNITE! (UPDATE FROM REUTERS)
Moody’s downgrades Danske, other Danish banks From REUTERS NEW YORK – Moody’s Investors Service on W ednesday downgraded nine Danish financial institutions, pointing to sluggish economic growth, risks from the euro zone debt crisis and structural changes to the covered bond market, a reliable source of cash. The Moody’s cut comes the same day that [...]
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May 30, 2012 | 0 comments | View Post
