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Posts Tagged ‘economic’

USA breaks it’s holiest taboo!

The USA and Barack Obama have ratified an agreement to raise the debt
limit as long as needed without any upper limit. This way, the USA is trying
to ensure it’s full liquidity. However there’s some stale taste with this as the
actual 16.4 trillion DS$ debt equals 100% of the annual US economic power!

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February 6, 2013Netspark No Comments »
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FILED UNDER :Curiosities , News , Thoughts
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Euro crisis: Now Spain struggles

The Euro is not yet about to come to a rest as it seems. Now Spain has shown
signs that their biggest bank “Bankia” is in need of approximately 20 billion
Euros to haul all the desolate hypothecary credits it has issued in the past.
On the other hand: Thousands of angry “home owners” who will loose home.

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May 31, 2012Netspark No Comments »
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FILED UNDER :Economy&Finance , Thoughts
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The next bubble will burst…

…or let’s say, 10 bitter facts, why the U.S. economy is still in big trouble. The U.S.
economy is by far more in debt as most of the people want to believe. Unemployment
is above 20% when you bring in the long-term unemployed. Myret Zaki has stated 10
facts that proove to her that the worst is yet to come.

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September 12, 2011Netspark No Comments »
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