Euro Weakens, Bonds Rise on Trichet Austerity Comments; Stocks Fluctuate
The euro ended a three-day winning streak and bonds rose after European Central Bank President Jean-Claude Trichet urged “austerity” measures to contain budget deficits. European shares swung between gains and losses, while stocks in Brazil and Canada declined.
A report from the RAC Foundation says it is “inevitable” that motorists will be charged for every mile they travel in order to avoid gridlock on the roads.
• Intelligent cars will report accidents to authorities
Bilderberg members pushed hard in a frantic attempt to save the euro during the recent weekend-long economic summit in Toronto, but this action was ignored by the major media, which is under control of the secret group of international financiers and political czars.
• How China’s New Generation Of Workers Won’t Accept Slave Labor
• The Death Cross: Another Sign That We Are On The Verge Of A Recession?
Economists, Financial Experts: U.S. Is Trapped In 1932 Size Depression
Following Nobel Laureate Paul Krugman’s declaration last week that the U.S. is in entering a third period of great depression, more and more economists are following suit, comparing the scale of the crisis to that of the early 1930s.
Profits and Moves Behind the Downturn
The Fed says US unemployment is likely to stay high for a long time, and that justifies zero interest rates indefinitely.
World Leaders Accept Demise of Global Warming Alarmism
Last week’s G8 and G20 meetings in Toronto and its environs confirmed that the world’s leaders accept the demise of global-warming alarmism.
Privacy rights advocates and civil liberties campaigners in Europe are raising the alarm about a new surveillance system that monitors conversations in public.
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