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Is Greece planning to print energy?

By Allan Stromfeldt Christensen | April 7, 2015

Over the past couple of months the story keeping many people on the edge of their seats has been the ongoing dilemma of Greece's detested debt burden, its Great Depression-worthy 25% contraction of its economy, and its voluntary or even forced withdrawal from the eurozone – the fabled "Grexit." For about five years now, heavy austerity policies (cutbacks in government … [Read more...]

Filed Under: Energy, Politics Tagged With: austerity, Euro, Greece, Grexit

The largest economy in the world is imploding right in front of our eyes

By Staff Reports | October 8, 2012

violence in Greece

A devastating economic depression is rapidly spreading across the largest economy in the world.  Unemployment is skyrocketing, money is being pulled out of the banks at an astounding rate, bad debts are everywhere and economic activity is slowing down month after month.  So who am I talking about?  Not the United States - the economy that I am talking about has a GDP that is … [Read more...]

Filed Under: Economy Tagged With: austerity, Euro, European Union, Greece, sovereign debt, Spain

How Greece threatens you and how going local offers the only refuge

By Staff Reports | March 19, 2012

Greek flag

For months now our stocks have gone up and down due to various concerns, but none more recurrent than concerns about the financial crisis in Greece. Morning after morning, New York City based casino capitalists trade with Greece and the latest rumors from Western Europe on their minds. What will affluent Germany do to bail out the collapsing, debt-ridden country of Greece? … [Read more...]

Filed Under: Economy Tagged With: Buy Local, debt default, globalization, Greece

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