EMerging Equity
Financial Meltdown
And So It Begins – Greek Banks Get Shut Down For A Week And A ‘Grexit’ Is Now Probable
Is this the beginning of the end for the eurozone? For years, European officials have been trying to “fix Greece”, but nothing has worked. Now a worst case scenario is rapidly unfolding, and a “Grexit” has become more likely than not. By Michael Snyder On Sunday, the European Central Bank announced that it was not … Continue reading
Greece Rejects Bailout Deal – Deadline To Avoid Financial Chaos In Europe Is March 1st – OpEd
Europe is on the verge of a horrifying financial meltdown, and there are only a few short weeks left to avert total disaster. By Michael Snyder On Monday, talks that were supposed to bring about yet another temporary “resolution” to the Greek debt crisis completely fell apart. The new Greek government has entirely rejected the … Continue reading
Why The Price Of Oil Is More Likely To Fall To 20 Rather Than Rise To 80 – OpEd
This is just the beginning of the oil crisis. By Michael Snyder Over the past couple of weeks, the price of U.S. oil has rallied back above 50 dollars a barrel. In fact, as I write this, it is sitting at $52.93. But this rally will not last. In fact, analysts at the big banks … Continue reading
It Is About To Get Ugly: Oil Is Crashing And So Is Greece – OpEd
By Michael Snyder The price of oil collapsed by more than 8 percent on Wednesday, and a decision by the European Central Bank has Greece at the precipice of a complete and total financial meltdown. What a difference 24 hours can make. On Tuesday, things really seemed like they were actually starting to get better. … Continue reading
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