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Europe Debt Crisis
Europe has been calm of late.  Former Italian prime minister Silvio Berlusconi is facing house arrest, and it barely makes the news.  A year ago, this would have caused a run on the euro and roiled the world’s capital markets. And Greece, the country that first comes to mind when the words “Europe” and “crisis”...
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I’ll give the European Union credit: at least they are creative at finding new ways to upset the world’s capital markets. Instead of demanding just the usual austerity measures of higher taxes and lower spending—and a potential haircut on speculative creditors such as hedge funds—the EU bailout negotiators insisted over the weekend on extracting a...
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The country has a socialist president, one of the most overbearing state sectors of any developed country, some of the highest taxes in the world, and its concept of democratic government seems to require frequent rioting in the streets by its citizens. Vive la France! France is a country that often seems to prosper in...
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Listen to Charles Sizemore explain the coming court ruling in Germany that will decide the fate of the Eurozone and the Paul Ryan nomination on Mike Robertson’s Straight Talk About Money.
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September 12, 2012. This is the date that may ultimately decide the fate of the Eurozone. It has nothing to do with Greece, Spain, Italy, or any of the other problem children of Europe. No, it is Europe’s stern schoolmistress Germany that holds the fate of the currency zone in the balance. On September 12,...
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