Tag Archives: Portugal

Has anything changed ??

Posted on June 10, 2012 by

  By Thomas O Cleirigh As we wake up to the news that Spain, banks are to receive 100 billion Euros (for starters ) without any declaration to investigate the corrupt dealings and total plunder of the funds in some … Continue reading →

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Latest from the Slog!

Posted on April 27, 2012 by

From The slog “The fiscal pact is negotiated, it was signed by 25 government leaders and has already been ratified by Portugal and Greece. Parliaments across Europe are on the verge of passing it. Ireland is having a referendum at the … Continue reading →

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Germany is undermining its own efforts to save the euro-zone

Posted on April 23, 2012 by

Ireland will get up off its knees, and so will the rest of Europe, we the people will not tolerate the arrogance and treachery of our own gutless politicians who have keeled over and sold us out to German interests.

Wake up Ireland and send this New German Führer a strong and defiant message.

We will not pay you for our own enslavement; we will fight to keep our own independence and we will rid ourselves of the collaborators in the Dall
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Unsettling News on the Unresolved Eurozone Crisis

Posted on April 13, 2012 by

By Eric Fry We are not entirely sure what a “resolved” Eurozone crisis is supposed to look like, but we are pretty sure it is not supposed to look like the chart below A resolved crisis is not supposed to feature soaring … Continue reading →

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Default, Exit and Devaluation as the Optimal Solution

Posted on February 21, 2012 by

  This report was sent into us today : Many economists expect catastrophic consequences if any country exits the euro. However, during the past century sixty-nine countries have exited currency areas with little downward economic volatility. The mechanics of currency … Continue reading →

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Welcome back Machholz

Posted on October 17, 2011 by

Welcome back Machholz Ref:I’m Back http://thepressnet.com/2011/10/14/im-back/ Thomas of course Germany is BOOMING they are the ones who have a contrived fixed exchange rate that is sucking the life out of Greece, Portugal, Ireland, Spain and Italy. They are getting cheap … Continue reading →

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What Comes Next for the EU: Three Scenarios

Posted on September 22, 2011 by

By Constantine von Hoffman The European Central Bank says it is backing both Italy and Greece despite not having the funds for it. Push is coming to shove for the EU. If it’s to survive, it will have to be as … Continue reading →

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Further austerity measures for Portugal .

Posted on July 19, 2011 by

By Ambrose Evans-Pritchard Portugal‘s new leader Pedro Passos Coelho has told the nation to brace for further austerity measures after  his government discovered a “colossal” €2bn (£1.7bn) hole in the public accounts left by the outgoing Socialists Yields on two-year Portuguese … Continue reading →

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New Fine Gael and labour government policy = perpetual debt

Posted on July 14, 2011 by

 

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Moody’s downgrades Ireland to junk

Posted on July 12, 2011 by

Just over the wire Moody’s downgrades Ireland to junk (Ba1) Same as Portugal So what does this tell us .It tells us that the markets do not believe Ireland can pay its debts at no matter how low the interest … Continue reading →

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