March 13, 2013
0
Obama’s Promised Transparency: Where the Hell is It?
By News DeskI have the answer: Obama’s transparency is Where the Sun Don’t Shine .
Hard hitting global and local news
Via Google Translate, El Economista reports Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP . The government deficit in terms of national accounts in January reached 12.729 billion euros, equivalent to 1.2% of GDP, representing an increase of 35.4% over January 2012.
Original post: An Offer You Cannot Refuse; EU Passes Law Forcing Countries to Take Bailout; Is Spain the First Target?
Originally posted here: Mish Android App on Google Play
View the original here: Housing Construction in France Lowest in 50 Years; Hollande Responds With Measures to Support Building "For…
As reported by Yahoo! Fiance ,Roubini stated ECB must cut rates or risk crisis again The bank would act eventually to avoid the recession getting worse, but risked doing "too little, too late," Roubini said in an interview with CNN’s Nina dos Santos. "They have to cut the policy rate, they have to stimulate the economy, they have to try to weaken the value of the euro," said Roubini, who was credited with predicting the financial crisis of 2008. "The euro should be 10, 20 or even 30% weaker to restore the competitiveness of the [eurozone] periphery," Roubini said
Read the article: Demographic Nightmare; Recession Through Recovery in Pictures