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Why Trust Government With Financial Reform?
ATHENS: Faced with massive debt, Greece today initiated an emergency plan to borrow money from the European Union and the International Monetary Fund to help it make interest payments and keep it from...
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Spain’s Credit Downgraded, Greek Debt Downgraded to Junk
Greek demonstrators scuffle with riot police. Photo AFP ROME: Today Spain was added to the list of countries with severe debt problems. Standard and Poor’s cut Spain’s rating down from AA+ to AA. This...
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Greek Collapse Spurs Selloff, Greek Retirement Age as Early as 50
DJIA Loses 1000 point in minutes NEW YORK: The stock market sold off today in huge volume. A DJIA key support area of 9835 was nearly taken out as the Dow dropped 1000 points in minutes. Stocks...
View ArticleMay 6th Crash Not a Result of a Trading Glitch
NEW YORK: Yesterday’s record intraday crash in the stock market was not a result of trading error (see video below). There are enormous pressures on our financial markets due to profligate spending by...
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