financial crisis

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Unemployment Really 23 Percent

As I have said time and again here we are in a Stealth Depression. The figures of today are as bad if not worse than during the 30’s. Even worse because today people have credit…

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Entire System of Global Trade is At Risk

The Telegraph Next month’s G20 summit must go beyond the usual rhetoric. Confidence in the eurozone’s banking system has to be restored through recapitalisation of its banks. Sir Mervyn King, the Governor of the Bank…