Financial crisis News
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The US dollar (USD) could collapse within the near future. The USD could fall during the months of October or November of 2012 or shortly afterwards. It could be replaced by either a new global or North American currency.
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For the last three or four years we have seen the continual demise of the US dollar's influence and the rapid growth in China currency swaps, currency controls and currency ties as strategies against the dollar's influence. What of the dollar's future?
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Oakland -
After receiving an eviction notice from the city, the Occupy Oakland General Assembly defied the order to disperse, shutting down streets and storming a Chase bank branch.
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Garden Grove -
The financial crisis and the troubled times that followed have hit every sector of the economy. Even churches have been hit hard. Now Crystal Cathedral in Garden Grove, California has filed for bankruptcy. It is apparent that nothing is sacred.
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According to Klimaka, an organization that runs a helpline in Greece for people considering suicide, recent months have seen the suicide rate go up from 1 person a day in 2009 to more than 2 per day this year.
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Former President Bill Clinton repeated the same sentiments as many Ron Paul supporters and Austrian theorists who want to see a return to the gold standard and that is the current financial crisis was due to getting off of the gold standard.
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A U.S. Senate subcommittee released e-mails in which Goldman Sachs executives discuss how the “big short” strategy allowed the company to reap profits while others suffered large losses.
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This week the World Economic Forum said there is a one-in-five chance of a second financial crisis that could cost the world at least $1 trillion and a sovereign fiscal crisis.
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Dubai’s rapid growth was financed on borrowed money - its time to pay the piper. World Markets are worried about the emirate's six month delay in payments on its debt load.
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Exactly a year has passed since global economic markets crashed. On this day, mainly as a result of the financial meltdown in the US, most of the world's stock exchanges experienced the worst declines ever, with drops of around 10 percent in most indices.
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Financial crisis Headlines
Does a financial crisis pose danger or opportunity?
The financial crisis in Greece was the theme of the country's biggest carnival parade.
The governor of the Bank of England, Sir Mervyn King, rejects criticism of the bank's role ahead of the financial crisis.
Despite lull, eurozone financial crisis is not over yet
Shares in New York hit levels not seen since before the 2008 financial crisis on Thursday after positive jobs market news.
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Financial crisis Image
Eurozone is lost in translation as EU collapses
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Financial crisis Blogs
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Father Tony Kerin, episcopal vicar for justice and social service in the Archdiocese of Melbourne, has a message for...
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Waterloo, ON - It is my pleasure to introduce to you today the candidate for the Ontario Libertarian Party in...
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Maricopa County Sheriff Joe Arpaio, whose special investigative unit already has found probable cause that Barack...
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The world has to call out all the journalists who fell for the Washington Post "TSA Henry Kissinger Pat-Down" story....
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Fukushima is a disaster that continues to tell the world that nuclear power can't be controlled - which means it can't...
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