
Much of the debate over the maybe-recovery concerns the manipulation of government reports. The Western world is moving rapidly toward a stagnant feudal system populated only by rich aristocrats, rich government officials, and a vast lower class that needs welfare transfer payments to survive. Debt-burdened workers with flat wages, shaky job prospects, and government subsidies for their basic needs are serfs, not a vibrant and independent middle class of entrepreneurs selling their labor to the highest bidders.
by John Hayward29 Dec 2015, 9:37 AM PST0

BRUSSELS/FRANKFURT, July 27 (Reuters) – The International Monetary Fund warned on Monday that the euro zone’s prospects were modest and that more money printing than planned may be needed. Contrasting the IMF’s relative gloom, however, German think tank Ifo reported improving
by Reuters27 Jul 2015, 9:54 AM PST0

Perhaps Greece’s new far-left government will rethink its plans to shake Europe down for cash to fund its wild spending binges, now that the German economy has officially entered a deflationary cycle, as reported by Business Insider
by John Hayward30 Jan 2015, 7:06 AM PST0

Miss Lebanon may lose her title over selfie with Miss Israel; Lebanon on edge after Israeli air strike kills Hezbollah commanders; Europe, under intense financial pressure, expected to start quantitative easing
by John J. Xenakis19 Jan 2015, 7:03 AM PST0