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Title: Currency Killers: Dollar, euro going down
Added: Sep 21, 2011
Author: RussiaToday
Duration: 3:50
Description:
An international team of debt inspectors has decided it will return to Greece next week to check on the country's progress in reaching its budget goals. Athens hopes this will help win the release of the latest emergency loans. Greek authorities want to convince the debt inspectors they could meet strict budget targets as the country desperately needs the next 8 billion euro bail-out package. Without the money, the country could default within weeks. However no decision will be made until October. The IMF warned Europe and the United States risk falling back into recession, unless lawmakers act quickly. Also underscoring the region's difficulties was a credit rating downgrade of Italy by Standard & Poor's. Financial analyst Michael Mross believes the constant downgrades are only putting pressure on the world economy.RT on Twitter: http://twitter.com/RT_comRT on Facebook: http://www.facebook.com/RTnews
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Channel: News
Tags: rt kevin owen michael mross standard & poor's italy greece debt crisis greece bailout bail-out package imf europe debt crisis euro dollar downgrade greece default eurobonds us recession italy downgrade
rt kevin owen michael mross standard & poor's italy greece debt crisis greece bailout bail-out package imf europe debt crisis euro dollar downgrade greece default eurobonds us recession italy downgrade
Youtube Comments: 127
07084935 Says:
Sep 21, 2011 - well, actually The people are fucking stupid for letting their politicians screw them over like all previous recessions. When will we learn? In the end the bankers will still have their money (probably invested in Gold and Silver) and we'll have shit.The bankers are laughing at us each time we bail out their banks. It's our own fault for not rioting until it's too late. It wouldn't surprise me if the new system will fail like all others before it.Like Kingdom comes, Kingdom falls
wahahn Says:
Sep 21, 2011 - Why aren't the IMF gangsters hanging from streetlights in Europe right now?
SCARREDMIND Says:
Sep 21, 2011 - they (the imf) didnt bail out bolivia.they forced bolivia to sell off its infrastructure to private interests at fire-sale prices.a lot of corporate interests in the ears of EU shills would stand to make a lot of money out of that.at the expense of the regular citizen of course.
chadberry75 Says:
Sep 21, 2011 - as fraud said..power and greed..will be the human's downfall..how true.
chadberry75 Says:
Sep 21, 2011 - meant 2 say freud,,sorry..ppl.
JulieStreet91 Says:
Sep 21, 2011 - @MBarroso75 Indeed! Oh that aquarium really made me laugh, still laughing!:D I'll put a little turtle in there.. :) No I would'nt, speaking of food, I'm a raw vegan, I'm not able to harm animals:) Yeah the food and the pharmaceutical industry is an invisible war against the population, including animals. Its pumped with chemicals that destroys the natural signals that tells you "I'm full". Its absurd. We're dying from obesity while millions starve. But without us, they have no power!
JulieStreet91 Says:
Sep 21, 2011 - INFINITE GROWTH IS NOT POSSIBLE ON A FINITE PLANET.. INFINITE GROWTH IS NOT POSSIBLE ON A FINITE PLANET.. Did we get that yet? Do we need it once again?.. Here we go:INFINITE GROWTH IS NOT POSSIBLE ON A FINITE PLANET!
5160RBB Says:
Sep 21, 2011 - You are absolutely correct, infinite growth is NOT possible on a FINTE planet, truer words were never spoken. Keynesian Economics is is / are MORONIC. You CANNOT "Spend yourself in to prosperity" as Keynes sold Roosevelt on, it is a load of CRAP, and has RUINED the USA. The Keynesian Endpoint is HERE. It is here NOW, and people are going to have to FACE it. the thing is, the Stooges that "run the show" will keep doing the same Keyensian Crap to "Jumpstart" a dead horse.
RANDCOUNTERMAND Says:
Sep 21, 2011 - EVEN MY PROBE DON'T GROW ANYMORE-JUST THE ENVELOPE OF LIMITATIONS! DON'T GO NUTSO BALLISTIC-JUST GO ON TO OTHER THINGS!
RANDCOUNTERMAND Says:
Sep 21, 2011 - EVEN MY PROBE DON'T GROW ANYMORE-JUST THE ENVELOPE OF LIMITATIONS! DON'T GO NUTSO BALLISTIC-JUST GO ON TO OTHER THINGS!
RANDCOUNTERMAND Says:
Sep 21, 2011 - SALMON IS GOOOOD! I SEE BEARS FISHING FOR IT-AND EVERY BEAR I ASKED SAYS IT IS WON-DERFUL!!
SnugglePuma Says:
Sep 21, 2011 - @MBarroso75 You have interesting ideas. Try keeping them to yourself. It should be a stimulating challenge for you...
SnugglePuma Says:
Sep 21, 2011 - Why does the title say Dollar is going down? This last week the dollar has been moving up against most currencies. The Euro is going down.
SnugglePuma Says:
Sep 21, 2011 - Freud was a dumb ass. Machiavelli said it better 500 years before Freud: "Power corrupts and absolute power corrupts absolutely."
jbrider555 Says:
Sep 22, 2011 - IMF warns Europe? I'm warning Europe, get rid of the IMF.
SnugglePuma Says:
Sep 22, 2011 - @MBarroso75 Wow, I didn't even read what you said. I thought I told you to try keeping it to yourself for a change. Also, have you ever heard of the word concise? You should look it up.
sergiobrejo Says:
Sep 22, 2011 - resource based economy!
SnugglePuma Says:
Sep 22, 2011 - @MBarroso75 Developing agriculture is definitely the worst mistake that humans have ever made, but not for any of the reasons that you suggest. STFU, you write too much, no one cares to read your endless blabbering...
beckweth Says:
Sep 23, 2011 - IMF is the Devil. And it has an Evil laugh.
MrAussiebogan Says:
Sep 23, 2011 - THE EU ZONE WAS A FRAUD BROUGHT TO US BY THE ECB, IMF and CORRUPT EU LEADERS. CHRISTINE LEGARDE HEAD OF THE IMF IS UNDER INVESTIGATION FOR FINANCIAL FRAUD. GREECE WILL NOT TAKE THIS THE PEOPLE WILL REVOLT VIOLENTLY and TEAR THE EU DOWN!
dlucas90 Says:
Sep 24, 2011 - A little basic math should make it clear to any child that debts created by principle plus interest can not be paid back with a money supply that is created only from the PRINCIPLE of bank loans.Banks literally demand more money than exists in the fuking money supply and these "economist" act like it is some kind of mystery how the debt problem came to be.
ltmikepowell Says:
Oct 17, 2011 - Sorry for the late reply. Central-banks may be an inevitable subject when comes to public finance. The only thing is that who's the one that controls the central-bank. Well, luckily mine is controlled by the parliament than those private financial mercenaries. Of course, even with economy crisis, farmers still farm, miners still mine, bakers still bake and workers still work. And thanks god my country got agriculture-friendly environment.
SnugglePuma Says:
Oct 27, 2011 - Huh? Clearly that is not the case, and I don't mean to brag, but I'm a native English teacher....
Alex462047 Says:
Nov 15, 2011 - Agreed, and what I don't understand is the exclusive, soulless, mindless drive for filthy lucre at the expense of everything else. We get money and lose our souls and our morality. It's sad, and may preface a new era of tyranny, totalitarianism and fear when the establishments eventually fail.
ralphcraddock Says:
Sep 21, 2011 - BREAKING NEWS jason and the argonauts have set sail in search of the golden fleece.germany supports greece,s decision to act in a positive manner.eurozone jubilent.france declares public holiday.spain expects gold from the new world soon.italy the borgia,s elected.britain sends secret diplomatic team to usa..stocks in turkish delight and port sore . expected.