May 06, 2010 — Stuart Varney on underlying cause of Thursday's market sell-off
Thursday, May 6, 2010
May 06, 2010 — Citi group has admitted that they made a mistake that caused the Dow Jones to plummet over a thousand points today. Webster Tarpley believes that Citi is just covering up for a lot of other problems on Wall Street. He also believes that we are currently in a worldwide depression and this is a disintegration of all the worlds currencies. The world economic outlook is very bleak, what will come next?
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Labels:economy Collapse Meltdown Michael Savage
Greek lawmakers approved a crucial austerity bill Thursday needed to tap $140 billion in bailout loans from the other 15 euro-zone countries and the International Monetary Fund, money needed to avoid a debt default. (May 6)
May 06, 2010 — Greece is on the verge of a precipice - a day after unrest which saw three people killed, the country's Parliament is debating the austerity package which sparked the violence. The situation remains tense and many analysts say it's the high price Greece is having to pay for being part of the Eurozone - a cost now being picked up by the people.