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

As anger over the financial crisis lingers, questions remain as to who has been held accountable for their role in creating the conditions that led to the meltdown … and who has not. Ray Suarez reports.

The value of Kenya’s shilling has plummeted, interest rates are through the roof, and inflation has soared to almost 20 per cent. The country’s economy is suffering and analysts say it is all linked to the country’s political cycle as it rolls towards elections in 2012. In a year far more turbulent than even Greece’s, the economy has squeezed thousands of companies into a corner. Al Jazeera’s Peter Greste reports from the capital, Nairobi.

TRANSCRIPT AND SOURCES: www.corbettreport.com Last week’s G20 Summit in Cannes, France is already being written off as a bust by the international financiers who were hoping to bolster the fledgling European Financial Stability Fund with international support and to implement a new global financial services tax which they claim will be the long-term solution to the ongoing global economic meltdown. Find out more about the behind-the-scenes moves toward a global financial infrastructure in this week’s GRTV Backgrounder.

www.euronews.net How painful on the purse will a shopping trip be for Italians now that a government of technocrats is poised to tackle the world’s fourth-biggest debt? Analysts talk of a fire sale of assets perhaps, new property and wealth taxes, spending cuts on health care, pensions and education. Research from the past points to Italians ready to accept tough economic decisions.

RT.com AND http Goldman Sachs created fictional exchange rate swaps causing Greece economic failure.

How an epidemic of fear caused the world’s major banks to stop lending, triggering protests and industrial action.

Go to bobchapman.blogspot.com for more Bob Chapman videos Bob Chapman – The Financial Survival 04 Nov 2011

It took 150 years to blow up the banking sector – a brief history of a slow detonation. From Freedomain Radio – www.freedomainradio.com Sources www.bankofengland.co.uk