European Economic Woes


The unthinkable looks possible:

a global financial crisis reminiscent of the one in 2008:

A full-blown crisis to start in Greece,

quickly move to the rest of Europe and then hit the US.

Stocks and oil would plunge, the euro would sink against the U.S. dollar, and big banks

would uncover losses on complex trades.

In this news analysis, we will find out how likely a possibility this would be.


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Guns For Buddies ~ US Weapons Sales Surge Overseas

Sun Jun 17 , 2012
US foreign military sales have shot over $50 billion. Another record-breaking year is expected thanks to US ally Saudi Arabia, which accounts for three-fifths of the sum. The US is expected to continue expanding into key markets, including India, which is considering a $1.4 billion deal for 22 Apache helicopters. […]