Louis talks about the recession, the fucked economy, and hiding money in a safe. The boys also discuss the fragile state of US debt and transient nature of American wealth. Louis later mentions the episode “The Giant Pool of Money” from This American Life on NPR, which you can listen to here: www.thisamericanlife.org Part 2 of 3.

Estonia, the European Union’s newest member, is the latest country to adopt the euro, having introduced the currency last year. The mood was festive at the time, but with Europe’s current financial crisis, many now taken a more sombre view. Estonia’s bn economy is the fastest growing in Europe, but as the continent’s financial woes deepen, the government is worried about the toll the eurozone’s troubles could take on its country. Al Jazeera’s Charlie Angela reports from Tallinn.

The euro zone has only a matter of weeks to take steps that will ensure the common currency’s survival, former UK Prime Minister Tony Blair says in an exclusive interview with the Journal’s Managing Editor, Robert Thomson. This interview originally aired 12/1/2011.

Sen. Levin explains the financial collapse of 2008

www.thesoapboxroadshow.com BTW WAMU – Washington Mutual bank went bankrupt. WAMU was giving out “no doc” mortgages and Ninja loans.

The Big Fight: On The Big Fight we discuss if the growth story is over and whether India can bounce back.

Medvedev: Russia stands by to help Europe

Speaking after the EU-Russia summit, President of ~Russia’s Federation, Dmitry Medvedev, on Thursday stated that Russia will offer Europe financial aid in order to help stabilize the European Union and the euro. “Russia will continue reinforcing financial stability of the euro area, first and foremost, through the IMF”, Medvedev said. “The European Union is our major trading partner”, he concluded.

Financial Truth

www.Financial-Truth.com We Stand Together at a Financial Crossroad America is the wealthiest nation on earth. Yet, the majority of American Families are failing to manage their own personal finances. More citizens since the Great Depression are in debt, default or financial despair. Americans overspend. Undersave. Overborrow. Most are undereducated about managing their personal finances. Our future generations will suffer today’s mismanagement. Statistics are alarming. The consequences are grim. Let’s Give Our People Help and Hope Responsible management of our personal finances is the foundation to a healthy national economy. The better our citizens effectively manage their personal savings, expense budgeting and financial planning, the stronger we grow as a culture, and as a country. Financial Truth is a Communications Campaign that raises the awareness of personal financial responsibility. A growing library of short animated videos, together with supporting educational media will be provided for free through multiple distribution channels. Powered by eMoney Advisor www.emoneyadvisor.com

More details at marcfaberchannel.blogspot.com

marcfaberchannel.blogspot.com for more John Williams on the Road to Hyperinflation 2014

Financial crisis – Public services across Portugal ground to a halt on Thursday as trade unions held a 24-hour walk out. The strikers are protesting against a raft of austerity measures introduced by the government in exchange for financial aid. FRANCE 24 INTERNATIONAL NEWS 24/7 www.france24.com http

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