Tag Archive: Recession

Sep 26

The unnoticed crash of the 10 major stock markets

Over the last two months, the most significant global stock market decline since the fall of 2008 has been underestimated by the mainstream media, Michael Snyder observes. Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single …

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Permanent link to this article: http://www.opusnet.org/archives/11384

Jun 18

War for growth

“Lack Of Major Wars May Be Hurting Economic Growth”, Tyler Durden reports on Zerohedge, citing an article by the economist Tylor Cowen on New York Times. Economists are not new to such position. Unfortunately, their opinion may rule the world (and seldom it does) with no scientific ground, since they are not considered as scientists …

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Permanent link to this article: http://www.opusnet.org/archives/3737

Oct 29

Italy’s world records #5

Last available data from national and international bodies confirm the decline of Italy. GDP dropped at ninth place in the world and an array of negative records are declared by major authorities in these days. Actual jobless people, including those  “discouraged” who are not actively looking for jobs, is around 6 million which is double …

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Permanent link to this article: http://www.opusnet.org/archives/1088

Oct 22

USA and the world: what is beyond the debt default

The world is probably living its most dangerous economic era, which begun with the capital off-shoring in the seventies, continued with the great financial bubble from the eighties and is now approaching the next stage of collapse. This is the ultimate crisis and will spread from the USA as in the most recent ones. The …

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Permanent link to this article: http://www.opusnet.org/archives/3142

Mar 24

Poverty nearly doubled in Italy, 2006-2013

615 new poor persons a day from 2006 to 2013, Confcommercio calculated. 2.5 million “absolute poors” in 2006 grew to 4 million in January 2013, as indicated by the new Misery Index presented Friday, 22 by Confcommercio  in Cernobbio. Income of 90% of Italian workers is below 35.600 euro, 28.000 people only earn more than …

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Permanent link to this article: http://www.opusnet.org/archives/1333

Mar 13

Deficit cuts and the obious link with recession

It is a debated issue in these times, that of deficit cuts, along with the less famous theme of the “end of growth” and that of the finite nature of resources on hearth. In his Museletter 249, Richard Heinberg connects them in a summary of thoughts which may turn useful to those aiming to understand why …

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Permanent link to this article: http://www.opusnet.org/archives/1243

Jan 22

Is Mr Monti right for Italy?

The Italian Premier has been defined as “ineffective” by Financial Times, yesterday, and replies today. He may remember when the international press (The Economist) defined Berlusconi as “unfit” to rule Italy with different motivations and the same fate in the attempt to introduce laissez-faire economics in Italy.  

Permanent link to this article: http://www.opusnet.org/archives/1177

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