Mon, 29 June 2015
According to Gordon T. Long, Greece and Puerto Rico's collapses have one very important factor in common, bloated overly generous public pensions. No one wants to give them up or seem them reformed and the price could be widespread civil unrest. Greece has defaulted and Puerto Rico is talking seriously about it. What's the next stage in the global debt crisis? Gordon has some important ideas about it.
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Mon, 29 June 2015
John recounts how the Greek Tragedy has finally come to an end. Would you believe that John's website DollarCollapse.com is 10 years old? When he started it, he figured that the monetary unravelling would take just one year at most. When FSN started in 2011, we figured it would be at most 6 months. He we are four years later and there could be years to go. And now China and Puerto Rico and how many other countries must fail?
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