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Tag Archives: Greece

Euro Saves Germany, Slaughters the PIGS, & Feeds the BLICS

Authored by Chris Hamilton via Econimica, The change in nations Core populations (25-54yr/olds) have driven economic activity for the later half of the 20th century, first upward and now downward.  The Core is the working population, the family forming population, the child bearing population, the first home buying, and the credit happy primary consumer.  Even a small increase (or contraction) in their quantity drives...

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Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist

Gold Bullion Coin Worth $4 Million, Stolen in Berlin Museum Heist  - Gold coin called ‘Million Dollar Gold Coin’ or ‘Big Maple Leaf’ stolen from Berlin museum early on Monday- World's purest gold coin and in the Guinness Book of Records for its purity of 99999 fine gold- Gold coin was legal tender, investment grade, bullion coin and only 5 other coins were minted- The other 'Million Dollar Gold Coin' is still available for sale by GoldCore safely stored in vaults in...

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Digital Gold – For Now Caveat Emptor

Digital Gold On The Blockchain – For Now Caveat Emptor – Bitcoin surpasses gold price – a psychological and arbitrary headline  – Royal Mint blockchain gold asks you to trust in the UK government – Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers – Invest in a gold mine using cryptocurrency – but wait until 2022 for your gold...

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Digital Gold – For Now Caveat Emptor

Digital Gold On The Blockchain - For Now Caveat Emptor - Bitcoin surpasses gold price - a psychological and arbitrary headline  - Royal Mint blockchain gold asks you to trust in the UK government - Royal Canadian Mint and GoldMoney blockchain product asks you to trust in government and the technology, servers, websites etc of the providers - Invest in a gold mine using cryptocurrency - but wait until 2022 for your gold and trust the miners that it is there - Blockchain and gold will...

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The IMF In Greece

The IMF has released a report with an ex-post evaluation of Greece’s 2012 Extended Fund Facility (Exceptional Access under the 2012 Extended Arrangement under the Extended Fund Facility with Greece). A critical discussion by Charles Wyplosz on VoxEU. The Greek authorities are more optimistic than IMF staff about the economy’s outlook.

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Greece and the Return of the Repressed

Summary: Don’t expect a deal between Greece and its official creditors until late spring or early summer. Grexit is still not a particularly likely scenario. It was the European governments not Greece which put other taxpayers’ skin in the game. Freud warned that unresolved psychological conflicts might be repressed but they keep returning. So too with Greece debt problems.  A new crisis is at hand.  Investor...

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Martin Armstrong: “EU in Disintegration Mode”

Martin Armstrong Frames the Issue Famous market forecaster Martin Armstrong wrote a recent article describing the current situation in Europe. Similar to our article, “Trouble Brewing in the EU”, the Armstrong’s piece discusses growing discontent and fractures in the E.U. Martin Armstrong observes that, “The EU leadership is really trying to make Great Britain pay dearly for voting to exit the Community. Like the...

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Frontrunning: February 9

Airlines, Airports to Meet President Amid Travel-Ban Uncertainty (WSJ) Legal battle pits Trump's powers against his words (Reuters) Trump’s Oval Office Tweets Force CEOs to Choose Fight or Flight (BBG) Companies Plow Ahead With Moves to Mexico, Despite Trump’s Pressure (WSJ) Trump’s Labor Pick Loves Burgers, Bikinis, and Free Markets (BBG) NATO allies lock in U.S. support for stand-off with Russia (Reuters) Sessions Takes Reins at Justice Ready to Walk the Line for Trump (BBG) Washington...

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Pressure on Greece Mounts, New Crisis Looms

Summary: Greece needs to implement its commitments in the next few weeks or it faces a new crisis. The more the government implements its commitments, the less public support it draws. New elections in Greece cannot be ruled out. The problem is uncomfortably familiar. Greece has a chunky payment due to its official creditors. Reports suggest that Greece has not completed much more than a third of the measures...

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