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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
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Just when you thought things were getting better - IMF chief warns no country immune from crisis

Just when you thought things were getting better - IMF chief warns no country immune from crisis | Countdown to Financial Armageddon | Scoop.it

WASHINGTON (Reuters) - No country is immune from an escalating euro zone crisis and each one must act to head off the risk of a global depression, the head of the International Monetary Fund said on Thursday.IMF...

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We'd better get used to living with the euro crisis. It's the new normal

We'd better get used to living with the euro crisis. It's the new normal | Countdown to Financial Armageddon | Scoop.it

An excellent Telegraph article: 'There are two main schools of thought when it comes to fixing the eurozone debt crisis at the moment. The first is that matters will come to a head around Spring and a solution will be found.'

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RECOMMENDED READING: How to Survive The Coming Global Debtquake 2011-2022

RECOMMENDED READING: How to Survive The Coming Global Debtquake 2011-2022 | Countdown to Financial Armageddon | Scoop.it

How make money trading the global debt crisis.

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Debt woes 'danger to all Europe'

Debt woes 'danger to all Europe' | Countdown to Financial Armageddon | Scoop.it

UK Chancellor George Osborne says the eurozone debt crisis is a "real danger to all of Europe" as he arrives in Brussels for talks on the bloc's problems.

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Is the €2 trillion rescue bid enough to save Europe?

Is the €2 trillion rescue bid enough to save Europe? | Countdown to Financial Armageddon | Scoop.it

George Osborne has admitted for the first time that Britain may have to provide billions of pounds more to bail out the eurozone as part of €2 trillion international efforts to shore up the single currency bloc and revitalise the flagging...

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NIL POINTS! Plucky Slovakia Votes Down Euro Bailout Move! Could This Tiny Country Upset the Plan?

NIL POINTS! Plucky Slovakia Votes Down Euro Bailout Move! Could This Tiny Country Upset the Plan? | Countdown to Financial Armageddon | Scoop.it

Slovakia's parliament votes against measures to bolster the powers of the eurozone bailout fund, seen as vital in combating the bloc's debt crisis.

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Is The Euro Crumbling? Brilliant BBC Video Explains All

Is The Euro Crumbling? Brilliant BBC Video Explains All | Countdown to Financial Armageddon | Scoop.it

The eurozone is in crisis, but what went wrong?

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Week of trials ahead for Greece and euro

Week of trials ahead for Greece and euro | Countdown to Financial Armageddon | Scoop.it

Greece and the euro head for a week of trials as European and IMF experts return to Athens for a fiscal audit that will decide if the debt-hit country can escape default next month.

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The World Prays For an Economic Miracle

The World Prays For an Economic Miracle | Countdown to Financial Armageddon | Scoop.it

After an incredibly volatile day on world markets, the head of the International Monetary Fund, Christine Lagarde, warned of a looming "collapse in global demand" which threatens to push economies around the world into a new recession.

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A New World Order? IMF: Collective action needed now

A New World Order? IMF: Collective action needed now | Countdown to Financial Armageddon | Scoop.it

IMF chief Christine Lagarde calls for countries to "act now and act together" to keep on the path to economic recovery.

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FREE SUBSCRIPTION! The DebtQuake Monitor

FREE SUBSCRIPTION! The DebtQuake Monitor | Countdown to Financial Armageddon | Scoop.it

America and Europe are on the brink of complete financial meltdown. In the coming weeks and months we could see stock markets collapse, property values fall and the price of fuel and food soar as we enter a depression that could last years or even decades.

 

Follow the latest on the crisis plus how to prepare yourself for the challenges and the profit opportunities ahead. Click on the image to start your free subscription

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Ireland demands debt relief, warns on EU treaties

Ireland demands debt relief, warns on EU treaties | Countdown to Financial Armageddon | Scoop.it

Europe's plans for treaty changes to enforce fiscal discipline in the eurozone may fall foul of popular anger in Ireland unless the EU creditor states agree to share more of the pain.

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Humiliated Berlusconi 'agrees to IMF oversight' of austerity measures

Humiliated Berlusconi 'agrees to IMF oversight' of austerity measures | Countdown to Financial Armageddon | Scoop.it

Silvio Berlusconi, the Italian Prime Minister, has agreed to allow International Monetary Fund oversight of the debt-ridden country's progress
in implementing austerity measures.

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George Osborne warns of 'blank spaces' in Eurozone rescue package - Telegraph

George Osborne warns of 'blank spaces' in Eurozone rescue package - Telegraph | Countdown to Financial Armageddon | Scoop.it

George Osborne has warned there are still “blank spaces” in the rescue deal agreed last night by European leaders to tackle the continent’s debt crisis.

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Put These in Your Diary: Coming Events in the Euro Zone Debt Crisis

All the important economic meetings and deadlines related to the Euro Zone Debt Crisis in one place until end of 2011.

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G20 Tells Euro Zone to Fix Debt Crisis In Weeks

G20 Tells Euro Zone to Fix Debt Crisis In Weeks | Countdown to Financial Armageddon | Scoop.it

The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.

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Watch this BBC interview to see IMF advisor Predict GLOBAL BANKING MELTDOWN

Dr. Robert Shapiro who advised Presidents Clinton and Obama and who currently advises the IMF predicts possible banking meltdown within the next few weeks!

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Is The Cupboard Almost Bare? IMF Chief Warns on Limits to Crisis Funding

Is The Cupboard Almost Bare? IMF Chief Warns on Limits to Crisis Funding | Countdown to Financial Armageddon | Scoop.it

Of course Christine Lagarde is much better dressed than old Mother Hubbard, but the IMF warns it may not have enough money to bail out larger eurozone countries if the debt crisis were to spread. And that means you Spain, Italy!

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£1.75 Trillion Deal to Save The Euro - But Who's Going to Pay?

£1.75 Trillion Deal to Save The Euro - But Who's Going to Pay? | Countdown to Financial Armageddon | Scoop.it

British taxpayers risk being caught up in a £1.75 trillion deal aimed at saving the euro by allowing Greece to default on its huge debts. Cash would come, at least in part, from the International Monetary Fund, in which Britain holds a 4.5 per cent stake. This could mean British taxpayers paying out more than the £1billion they are already slated to have to contribute under the terms of the first Greek bailout fund.

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Geithner wants 'decisive signal' from Eurozone (of course the US has no debt problem. Ahem!)

Geithner wants 'decisive signal' from Eurozone (of course the US has no debt problem. Ahem!) | Countdown to Financial Armageddon | Scoop.it

US Treasury Secretary Timothy Geithner calls on European leaders to send a decisive signal that they have a strategy for tackling the debt crisis.

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The Most Sensible Solution to Fix The Debt Crisis? Give Collapse a Chance

The Most Sensible Solution to Fix The Debt Crisis? Give Collapse a Chance | Countdown to Financial Armageddon | Scoop.it

Bill Bonner gives his assessment of how to fix the financial crisis, by letting it default and collapse. '... every bailout makes the world poorer. Because it’s clearly bad money after good. Greece does not suddenly become a good credit risk just because you lend it more money. And Americans won’t be made richer because the feds offer them more debt at an even cheaper rate!'

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