The economic and political collapse of Ukraine poses a significant threat to the financial state of the eurozone, says European Central Bank (ECB) president Mario Draghi. He argued that the European sanctions applied on Russia and how it will retaliate still remains unclear to the region. The European Union inflicted touch sanctions against the Russian […]
Archives for August 2014
Most Americans still feeling impact of economic collapse: poll
What economic recovery? Despite the government numbers and establishment economists purporting an improved financial state, most Americans are still feeling the impact of the Great Recession that transpired a few years ago. According to a new Wall Street Journal/NBC News poll, nearly two-thirds (64 percent) of Americans are still experiencing the effects of the recession, […]
Peter Schiff ending radio show after four years
On Monday, Peter Schiff announced that he will be ending his weekday radio show. Schiff made the statement and noted that none of the big radio markets would pick up his program and insert it into one of their time slots. Schiff may be heading to the world of podcasts. His show has been on […]
Jim Rogers: Buy gold and oil in war, stock markets will go down
At the present time, there are numerous conflicts taking place all over the world: in the Middle East and Eastern Europe, many are suffering from the Azerbaijan-Armenian strife, Israel and Palestine are in the midst of a ceasefire, Ukraine and Russia still battling it out and there is a lot of destruction elsewhere in part […]
David Stockman: U.S. stock market in ‘final stages’ to ‘self-destruction’
Are you an investor who is interested in taking a ride in the United States stock market rollercoaster? If you are then reconsider your position because the stock market is on the verge of “self-destruction,” at least according to David Stockman, former Reagan budget director and bestselling author of “The Great Deformation.” Writing in a […]