The eurozone is still a danger zone. Italian bond yields reach seven percent. Remember that's the threshold that broke the bank for Greece and Ireland last year. Italy's largest bank by assets and one of the more weakly capitalized in Europe, Unicredit, announced it's going to try to raise $10 billion in capital and cut thousands of jobs. The European Union is going after credit ratings agencies to allow investors to sue them and to warn bond issuers of a change in rating ahead of publishing it. The task at hand according to Angela Merkel is to "build political union in Europe, which "means more Europe," not less. Au contraire says European Member of Parliament Nigel Farage. To call him a Eurosceptic is to put it lightly and we talk to him about Europe, the UK, and the US.
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".... a plague on both our Houses"
This presenter is an Angel ...may Nigel also help US bring Manna from Heaven
MrAutobuildit 3 weeks ago
He was talking about America AND Europe when he said "reckoning day"... Typical RT... Acting like he said "America's reckoning day is near"...
AmzitheSoldier 1 month ago
The reporter is really hot. Oh and stuff about economic meltdowns.
xboxniellas 3 months ago
End the Fed. End fractional reserve banking. No one creates money.
TransylvaniaTapes 3 months ago
Investing always carries a risk. Those who invested in Greece and other countries without due diligence are going to have to accept the losing side of risk. Greece can never pay its debt back and the further they kick the can down the road the bigger the losses are going to be.
Default now, while currency is still money.
Rhal95 3 months ago