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Ev Bogue - Google+ - If you aren’t watching Bitcoin, you’re missing out I’m…

Ev Bogue - Google+ - If you aren’t watching Bitcoin, you’re missing out I’m… | money money money | Scoop.it

For the past 6 months I’ve been obsessed with Bitcoin. Every day I’ve checked into the latest Bitcoin news. I’ve become an obsessive trawler of the Bitcoin forums. I’ve learned the names of the CEOs of the hottest Bitcoin startups. I’ve installed a Bitcoin wallet. I’ve even sent and received a few Bitcoins.

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The Monetary Future: Top 10 Bitcoin Statistics

The Monetary Future: Top 10 Bitcoin Statistics | money money money | Scoop.it
The concept of a decentralized cryptocurrency without political borders can be challenging at first. Bitcoin forces us to adjust the way that we think about money and value transfer. Fortunately, the bitcoin community has been excellent at consolidating informational data through a loosely-integrated group of dedicated volunteers.
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Greek bank boss sent €8m savings to London as his bank faced collapse - Telegraph.co.uk

Greek bank boss sent €8m savings to London as his bank faced collapse - Telegraph.co.uk | money money money | Scoop.it
The former boss of a Greek bank has admitted transferring €8m of personal funds to buy London property months before his stricken bank was broken up by the government.
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In Euro Crisis, Every Player Has His Own Agenda - New York Times

In Euro Crisis, Every Player Has His Own Agenda - New York Times | money money money | Scoop.it

The euro zone is inching toward a new plan to tackle its debt crisis in a three-dimensional game of chicken among all the main players.

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Greece Agrees With Troika on Need to Strengthen Policy - Businessweek

Greece Agrees With Troika on Need to Strengthen Policy - Businessweek | money money money | Scoop.it

Greece and its international creditors agreed on the need to strengthen policy efforts to support the economy and comply with its bailout terms after nearly two weeks of meetings in Athens.

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Signs of the Times for major economic collapse in USA & Europe ...

Signs of the Times for major economic collapse in USA & Europe ... | money money money | Scoop.it
ere is a list of the most wor­ry­ing signs indi­cat­ing an immi­nent esca­la­tion of the finan­cial sit­u­a­tion in the US and Europe. As, again, noth­ing has been solved dur­ing the 2008 reces­sion the com­ing eco­nomic col­lapse could be the worst in 100 years.
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Oil Drops on Concern Europe's Debt Crisis Is Worsening - Businessweek

Oil Drops on Concern Europe's Debt Crisis Is Worsening - Businessweek | money money money | Scoop.it

Oil advanced to a two-week high as U.S. stocks gained and as German Chancellor Angela Merkel’s government backed the European Central Bank’s bond-buying plan, adding to optimism that the region’s debt crisis will ease.

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As Libor Fault-Finding Grows, It is Now Every Bank for Itself

As Libor Fault-Finding Grows, It is Now Every Bank for Itself | money money money | Scoop.it

Major banks, which often band together when facing government scrutiny, are now turning on one another as an international investigation into the manipulation of interest rates gains momentum.

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Italy's Lost Generation Crisis Forces Young Italians to Move Abroad - Spiegel Online

Italy's Lost Generation Crisis Forces Young Italians to Move Abroad - Spiegel Online | money money money | Scoop.it

The latest figures are indeed unsettling. Young people in Italy are not seen as a resource, but as a burden. The unemployment rate among young people under the age of 25 hovered for a long time around 20 percent. Now, it's shot up to 36 percent. This is the figure that Prime Minister Monti finds so alarming. In the south, in a number of cities in Sicily and Calabria, it's over 50 percent -- as high as in Spain and Greece.

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Debt crisis: Troika finds Cyprus 'in worse state than expected' - Telegraph.co.uk

Debt crisis: Troika finds Cyprus 'in worse state than expected' - Telegraph.co.uk | money money money | Scoop.it
International lenders assessing Cyprus's bailout needs found the economy in a "worse state than expected" and in need of painful adjustment in coming months, according to reports.
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'Scrap banks or they'll bring chaos' - Nobel Economist

'Scrap banks or they'll bring chaos' - Nobel Economist | money money money | Scoop.it
Nobel Economics Laureate Edward Prescott explains what he thinks has gone so wrong in the region, and what needs to be done to put it right.
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Three myths that sustain the economic crisis - The Guardian (blog)

Three myths that sustain the economic crisis - The Guardian (blog) | money money money | Scoop.it
Technical? Temporary? Within six weeks, it was clear the meltdown of August 2007 was no short-term blip when investors queued outside branches of Northern Rock for three days in the first run on a leading UK bank since the mid-19th century. Five years on, the global economy has yet to recover from the deep trauma caused by the hubris of the bankers.
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Roll up for the financial crisis tour - The Guardian

Roll up for the financial crisis tour - The Guardian | money money money | Scoop.it
A political safari of the City of London where experts explain how it all went wrong? Tom Meltzer finds it fascinating – and comes away with a bit more more sympathy for bankers
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The Euro Crisis: When Will It End? - Forbes

The Euro Crisis: When Will It End? - Forbes | money money money | Scoop.it
The eurozone crisis is over two years old now. It’s no longer crawling. This baby is walking and has a mind all her own. And my, what an ugly little critter this kid is, isn’t she?
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The LIBOR Scandal: Why is it Scandalous?

The LIBOR Scandal: Why is it Scandalous? | money money money | Scoop.it
Since July 4, we have been reading in major world newspapers and in statements by legislators, central banks, and judicial authorities, that there is a “scandal” about something called LIBOR. Before that time, few persons outside the group concerned with banking had even heard of LIBOR. Suddenly, we were being told that major banks in Great Britain, the United States, Switzerland, Germany, France, and probably a number of other countries had engaged in actions that were allegedly “fraudulent.”
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Catharsis Ours: The financial crimes of the banksters and their fully ...

Catharsis Ours: The financial crimes of the banksters and their fully ... | money money money | Scoop.it
The question now is whether public outrage at the Libor scandal and other financial misdeeds will lead to fundamental reforms of the financial sector -- such as the separation of retail and investment banking or legislation to regulate the “bonus culture” -- or just more cosmetic changes that fail to address the structural issues.
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Syria's economy to contract 14% as revolt against Assad continues - ArabianBusiness.com

Syria's economy to contract 14% as revolt against Assad continues - ArabianBusiness.com | money money money | Scoop.it
Syria's economy will shrink by 14 percent this year from a contraction of 6 percent in 2011 the 17 month rebellion against President Bashar Al-Assad takes its toll on the country's industries and investment falls, while sanctions limit export capacity, the Institute of International Finance said.
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Analysis: Crisis stifles Italian firms' competitiveness drive - Chicago Tribune

Analysis: Crisis stifles Italian firms' competitiveness drive - Chicago Tribune | money money money | Scoop.it
MILAN (Reuters) - Italy's "war" with international debt markets has sent borrowing costs soaring for its traditionally prudently managed private companies, stifling their efforts to invest in competing more strongly with rivals in Germany and beyond.
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Monti warns euro crisis threatens EU as a whole - The Seattle Times

Monti warns euro crisis threatens EU as a whole - The Seattle Times | money money money | Scoop.it
Italy's prime minister has warned that the eurozone's sprawling debt crisis has created resentment amid the bloc's nations, which could ultimately trigger a breakup of the wider European Union.
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Why Financial Discipline Won't Fix Europe

Why Financial Discipline Won't Fix Europe | money money money | Scoop.it
With Europe teetering on the brink, the press and the politicians have focused on fiscal discipline, and even questioned whether 17 sovereign nations should be sharing a common currency. Some, mostly southerners, argue that an integrated Europe is worth the cost and adjustments. Others, mostly northerners, are concerned with the potential costs to themselves or the project's long-term viability and desirability.
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Too-Big-to-Fail Prevention Is Tested in Iceland - The Nordic Job Board

celand was brought to the brink of bankruptcy when its biggest banks failed four years ago. Now, the site of the world’s most spectacular financial collapse is becoming a pioneer in banking reform.

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Euro Crisis 2012: Greece Reportedly Saved From Bankruptcy By European ... - Huffington Post

Euro Crisis 2012: Greece Reportedly Saved From Bankruptcy By European ... - Huffington Post | money money money | Scoop.it
BERLIN, Aug 4 (Reuters) - The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of Greece, German newspaper Die Welt said on Saturday.
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Post-Crisis Iceland Is Test Site for Too-Big-to-Fail Prevention - Businessweek

Post-Crisis Iceland Is Test Site for Too-Big-to-Fail Prevention - Businessweek | money money money | Scoop.it
Iceland was brought to the brink of bankruptcy when its biggest banks failed four years ago. Now, the site of the world’s most spectacular financial collapse is becoming a pioneer in banking reform.
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Bitcoin Breaks the Ten Dollar Barrier | Bitcoin Magazine

Bitcoin Breaks the Ten Dollar Barrier | Bitcoin Magazine | money money money | Scoop.it
As of 18:36:30 GMT on August 2nd, Bitcoin broke the $10 price barrier on MtGox for the first time in 2012. Bitcoin closed at $9.35 at the end of the day on July 31st, and, as of 1:54 GMT August 3rd, is currently trading at $10.65, indicating a rise of almost 14% in just two days. The trading price hit a new 2012 high of $11.00 around 22:00 GMT.
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Spain plans 102 billion euros savings by 2014: Draft budget - The Economic Times

Spain plans 102 billion euros savings by 2014: Draft budget - The Economic Times | money money money | Scoop.it
MADRID: Spain, struggling to balance its strained public finances, plans savings of 102 billion euros ($125 billion) by 2014, according to a draft budget prepared for the country's eurozone partners.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation