Tuesday, April 20, 2010

Greek yields at highs as unemployment rises



Greek falling further into the abyss.

“The labour market will continue to deteriorate in the coming months, as a result of plunging demand, large spare capacity levels and an increasingly worrying economic outlook,” said Diego Iscaro at IHS Global Insight.

Pressure mounting. Long consolidation in the euro at 1.35 will give way to much lower exchange rate. Read how you can make up to 20 times your money on a euro crash! Go here.

2 comments:

googleheim said...

THIS MAKES COMPLETE SENSE.

AS WE SAW WITH THE ARGENTINA COLONY - SPAIN, FRANCE, ITALY AND GERMANY ( ENGLAND TOO ) TOOK OVER THE NEWLY PRIVATIZED ARGENTINE COMPANIES AND MUNICIPAL UTILITIES.

THEY GUTTED THE ASSETS AND REPLACED THEM WITH DEBT AND LEGACY COMPONENTS.

THEN CAME THE BANK RUNS AND THE CHAOS. 25 PRESIDENTS IN 25 WEEKS !

NORTHERN EUROPE KNEW WELL WHAT THEY WERE DOING TO PORTUGAL, SPAIN, GREECE. THE CASE STUDY WAS ARGENTINA IF NOT YUGOSLAVIA - WHAT KIND OF CULTURE WOULD ALLOW GENOCIDE IN THEIR OWN FRONT AND BACK YARDS ?

THERE IS NO FDIC IN EUROPE.

WHEN AND IF THE FOLKS RUN THE BANKS, OUT COME THE TANKS ( ? ).

googleheim said...

HERE IS A LETTER REFLECTING THE MIKE NORMAN THEORY OF CAPACITY SENT TO JOHN CULBERSON WHO IS NOW BACKPEDDLING TO SAVE NASA'S BUDGET EVEN THOUGH HE IS A THOROUGH BUDGET CUTTER DEFICIT TERRORIST :

-----------------------------------

IF DEFICIT BUDGET TERRORISTS SUCH AS YOURSELF WOULD LEARN HOW THE U$D WORKS BY LISTENING TO WARREN MOSLER AND MIKE NORMAN YOU MIGHT SEE WHY NASA IS GOING DOWN THE TUBES DUE TO THE FAULT OF REPUBLICAN COST CUTTING AND SMOKE SCREEN KNOWLEDGE OF ECONOMICS.

HOW DO WE FUND NASA WHEN REPUBLICANS ARE CONSTANTLY OUT-OF-PARADIGM BAITING PASSIONATE STUPIDITY BY FALSELY PURPORTING THAT TAX REVENUES FUND SPENDING, GOVERNMENT, AND SO FORTH.

THE IRONY IS THAT BY SPREADING THIS MISINFORMATION THE TRUE MECHANISM BY WHICH WE ARE ABLE ( WHEN WE HAVE THE RIGHT LEADERSHIP ) TO SPEND AND CREATE INVESTMENT AND INFRASTRUCTURE INTO ECONOMIC GROWTH VIA THE UNITED STATE DOLLAR WHICH IS NONDENOMINATED AND SINGLE ISSUER CURRENCY, COULD BE IN JEOPARDY DUE TO SUCH COST CUTTING DEFICIT TERRORISM OF THE REPUBLICANS.

EXAMPLE GIVEN : THE TEXAS SUPER CONDUCTOR SUPER COLLIDER - DEFEATED AND WOULD HAVE PROVIDED 41 TERRA ELECTRON VOLTS OF PURE PHYSICAL RESEARCH INTO ATOMIC PHYSICS FOR A 1994 PRICE TAG OF $10 BILLION.

THE EUROPEAN SWISS LARGE HADRON COLLIDER ONLY PROVIDES 14 TERRA ELECTRON VOLTS FOR $10 BILLION.

THE 1994 REPUBLICAN CONGRESS KILLED SOMETHING THAT WOULD HAVE BEEN A BIGGER DEAL AND A BIGGER TOOL IN OUR BACKYARD.

WHERE WERE YOU MR CULBERSON ?