If, indeed, this Zerohedge article holds water - and that is questionable just based on the lack of supporting sources within the article - the present crisis may be nearly over. This time I am more inclined to believe it because of positive vibes ...

"Greece Is Rescued", Economy Minister Tells BBC

First, although Bild is a German tabloid newspaper, I googled and found what I think was the most recently written and translated part about Greece, I couldn't find any evidence of Greece seeking to delay its June payment. While it may be true, all ...

Greece seeks to delay June IMF payment by 6 months: Bild

Hi again Macdon Forgot to mention, the article you cited is well worth the read.

Tsipras Slams "Criminal" IMF In Defiant Speech

Hi Macdon I take great hope and comfort from the fact that you, "a right wing kind of guy", can see, accept and assimilate this kind of evidence of the excesses of western, bank-dominated, corrupted political economies. This means that the real ...

Tsipras Slams "Criminal" IMF In Defiant Speech

Nice article

The Endgame in Greece

Thanks mate. I will check it out. Cheers

Tsipras Slams "Criminal" IMF In Defiant Speech

Yes, I agree with you then. The previous Greece government made serious mistakes - including agreeing to terms put to them by their European creditors which put Greece in an impossible situation. This, they (the creditors), already knew when the ...

Tsipras Slams "Criminal" IMF In Defiant Speech

Hi again barkie Sure, I would do my own homework, but when I take out a mortgage, I expect my bank to help me decide what I can reasonably afford. I certainly would not expect a bank or any lender to lend me money without doing their due diligence - ...

Tsipras Slams "Criminal" IMF In Defiant Speech

Hi barkie By "the bald headed one", I presume you mean Varoufakis?? If so, he was elected in January 2015.

Tsipras Slams "Criminal" IMF In Defiant Speech

Even Varoufakis speaks of Greece's pre-2007 economy as a ponzi-economy, brought about by both irresponsible borrowing and lending. This is the crux of it. The lenders, for their part, were only too keen to lend money to anyone on terms that no sane ...

Tsipras Slams "Criminal" IMF In Defiant Speech

If you are interested in further perspectives, the rest of the Harald Schumann series: "On the Trail of the Troika" is also worthy of your time. They also are availabe in Youtube. Also, various discussions with economists Paul Krugman and Joseph ...

Tsipras Slams "Criminal" IMF In Defiant Speech

For some perspective on the Eurozones methods of managing economic crises, I recommend the following: video This features Harald Schumann's interview of Elise Ferriera, MEP for Portugal on their experience.

Greece on 'brink of disaster;' calls emergency meeting

This is scary. DB looks to be massively over-leveraged. I think we need other sources to corroborate the figures and situation

Euro countries decide Greece emergency plan

Hi Macdon Good article, whoever wrote it. Let's hope the British press become pro-active leading up to the referendum. The prospect of Britain leaving Euro institutions might be enough to provoke some/many/all of the needed reforms. BTW, I've now ...

What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis

Hi billv Thanks for that..... I have just watched the video. Phillipe Legrain talks a lot of sense. The next thing on my 'to do' list might be to buy his book: "Why Our Economics and Politics are in a Mess - And How to Put Them Right". It also makes ...

What went wrong in Greece and how to fix it: Lessons for Europe from the Greek crisis

Now I am no economist, nor any kind of expert in matters financial, but here is my analysis in relation to New Zealand: The RBNZ raised the OCR in July 2014. Many economists argued that the rate hike was premature and, depending on how one looks at ...

Here's the Research That Could Push Back a Fed September Rate Hike

Yes, I don't actually expect the Fed to go down this path, which is, perhaps, unfortunate. At the end of the day, serious economic reforms are necessary to ensure that economies work for the masses. In this respect there is a lot of inertia in the ...

Here's the Research That Could Push Back a Fed September Rate Hike

The article itself - in fact it is in the excerpt above, without even going to the full story.

Here's the Research That Could Push Back a Fed September Rate Hike

The article did not give much of an indication of the thinking behind lowering the Goldilocks rate of unemployment from around 5 to 4.3%. Although at the moment this looks to be in the form of a proposal by Fed staffers, it is really interesting and ...

Here's the Research That Could Push Back a Fed September Rate Hike

Looks like a head and shoulders forming on the daily. Next week will confirm this, or otherwise.

GBPUSD pops. Breaks out of the consolidation and surges higher