Analysts wary of Greece’s debt crisis plan
A group of financial analysts in the United States have announced that the US economy is on a sustainable path to recovery, but it will take some time before unemployment figures return back to normal.
In Greece, however, financial woes have been causing a great deal of concern across the eurozen because the country is suffering from a budget deficit that is four times the EU limit.
The European Commission can impose fines on Athens, but such a step could only worsen Greece’s financial problems.
In an ambitious effort to reduce their debt, the country has submitted a plan to the commission that promises to tackle their debt downgrade with spending cuts over a three-year period.
Al Jazeera’s Barnaby Phillips reports from the Greek capital where analysts are sceptical that plans will succeed.
Jan 15, 2010
Duration : 0:2:33
Categories: debt crisis Tags: al jazeera, aljazeera, athens, barnaby phillips, credit crisis, european commission, european union, europenews, financial crisis, Greece, united states
Inside Story – Financial crisis: Rescue plan-25 Sep 08-Pt 1
A special series of shows looking at the global impact of the financial crisis and how to minimize the fallout.
Duration : 0:22:22
Categories: financial crisis Tags: al jazeera, bailout, financial crisis, Global, Inside Story, Lehmann brothers, rescue plan, Turmoil Special, Wall Street
Inside Story – Assessing the global economic crisis- 6 Oct 09
One year after the global economic meltdown, the world’s political and financial leaders are gathering at the annual meeting of the International Monetary Fund and World Bank in Istanbul. Will there be a different financial order when the dust of the global financial crisis settles? What can the IMF and World Bank achieve amid cries for reform from developing nations and will a power struggle erupt between the old and new guard?
Duration : 0:24:40
Categories: global crisis Tags: al jazeera, economic crisis, financial crisis, IMF, Inside Story, Jan Randolph, meltdown, Peter Attard-Montalto, world bank
The USA, a ‘Captainless’ Sinking Ship.
I recently watched an interview in which Dr. Marc Faber made an analogy, it was in reference to the recent events in which President Barack Obama reappointed Ben Bernanke, to the position of Chairman of the Federal Reserve Bank of America.
This video is just my take on his analogy, with of course a bit of my artistic licence added.
The link to the interview is below.
Thank you.
“2012″ “Marc Faber” “Peter Schiff” “Ron Paul” “Rand Paul” “Jim Rogers” “Gerald Celente” “Alex Jones” “The Federal Reserve” “Barack Obama” “Ben Bernanke” “Fiat Money” “Dollar Collapse” “Monetary Collapse” “Wall Street” “The Tarp Fund” Greenspan Bush 9/11 “Paul Volker” “Timothy Geithner” “Goldman Sachs” “Fannie Mae” “Freddie Mac” “Dollar Index” Gold Silver “Precious Metals” “From Freedom To Fascism” “Money As Debt” “Promisary Notes” “Finantial Crash” MSNBC CNBC BBC CNN “Al Jazeera” “Max Keiser”
Duration : 0:2:37
Categories: monetary collapse Tags: 911, al jazeera, Alex Jones, Barack Obama, BBC, Ben Bernanke, bush, cnbc, cnn, dollar collapse, Dollar Index, Fannie Mae, Fiat Money, Finantial Crash, Freddie Mac, From Freedom To Fascism, Gerald Celente, gold, goldman sachs, greenspan, Jim Rogers, Marc Faber, Max Keiser, monetary collapse, Money as Debt., MSNBC, Paul Volker., peter schiff, Precious Metals, Promisary Notes, Rand Paul, Ron Paul, silver, The Federal Reserve, The Tarp Fund, Timothy Geithner, Wall Street
