Marvelous read: A Beginner’s Guide to the European Debt Crisis & why it effects US.

[dixiegrrrrl]

For ordinary, non-specialist people just tuning in to the horror-show which is the European crisis, the whole mess can seem daunting and almost hermetic—almost like a secret language, or a really complicated code.
Euro-this and euro-that and euro-the-other—that’s all everyone seems to be talking about. That, and words like troika, haircuts, bailouts, yields, not to mention an alphabet-soup’s worth of acronyms like EC, ECB (they’re different), EFSF, PIIGS, IMF, EMU——OMFG!

This European crisis will affect your financial future, no matter if it’s happening on another continent.
This is major—which is why so many ordinary people are confused and frightened: Because it seems terribly complicated.

But like all things which seem complicated at first glance, when you break it down, it’s simple.

This is what happened:

http://gonzalolira.blogspot.fr/2011/11/beginners-guide-to-european-debt-crisis.html

[Gregorian]

1. Thank you!

I"ve been listening to European market analysts for the last four years, and have really been getting nowhere. I try and try. I know that London is bankster fraud central. But this is what I needed.

[dixiegrrrrl]

2. Lira usually has a good plain english way of explaining things.

Esp. the double bind Germany is in.


You might also enjoy the Keiser report, Marmar usually posts the latest in Video forum.
On that show, the 2nd half is a discussion from various money watchers who have good credibilty.
The first half can be silly, don't let it put you off, the 2nd half is always very informative.

Here are Lira and Keiser on another show:

[Gregorian]

3. Max has been on the top of my list for years.

Every Sat morning (except during Aug.) he and his wife do their show on Resonancefm. I've been listening for years. Also, I'm usually the only one reccing Marmar's Keiser posts. Haha.

I noticed Max's vid on the link you gave, so I'm confident that it's not bs.

I come from a family that is not into finance or war. I know next to nothing. In fact, I'm embarrassed to admit that I never knew what a bond was until reading your link. I'm actually proud of that kind of ignorance.

Sadly, Max is an acquired taste. He used to post here, but I see he has stopped. I think party it's due to him being busy. But also because of the negative nature of his comments. I laugh as I think of them as the Downer Report. I love it, because it's the truth.

It's actually a very deep subject. I'm still reading your link, but I doubt they can even touch on the many aspects. Max has stated that many of these banksters should be standing in the Hague for the death and suffering they've caused.

[digonswine]

4. I read and watched the whole thing-seemed good.

This Lira fellow is not very progressive when it comes to the rights of women, though.

http://gonzalolira.blogspot.com/2010/09/rape-abortion-and-reproductive-violence.html

Apparently, pregnancy is a momentary inconvenience for women!

[dixiegrrrrl]

5. Don't pay attention tto that part of his makeup...he's from Barcelona.....