Rock And A Hard Place - By Paul Saxena (22/4/10) PDF Print E-mail
Paul Saxena   
Thursday, 22 April 2010 08:21

Daily Reckoning

The developed nations are over-extended, their debt levels are ballooning and their governments are creating copious amounts of money. Put simply, most industrialized nations are now caught between a rock and a hard place.

After years of excesses, the developed world is slowly beginning to realize that you cannot continue to live beyond your means and spend your way to prosperity.

Today, US national debt stands just north of $12 trillion. Its fiscal deficit for this year alone should come in around $1.6 trillion and the nation faces mind-boggling deficits for as far as the eye can see. Furthermore, demand for US government debt has begun to wane and this implies that the Federal Reserve will have to resort to creating even more money over the following years.



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Tony Blair Stands Accused - By Prof Shad Saleem Faruqi (22/4/10) PDF Print E-mail
Prof Shad Saleem Faruqi   
Thursday, 22 April 2010 08:16

Malaysia must not allow this mass murderer to be immune from justice.

IT IS distressing to note that former British Prime Minister Tony Blair has been invited to Malaysia as an honoured guest of an NGO when he stands accused of war crimes and crimes against humanity by many learned and independent scholars of international law.

The case against him looks rock solid, especially after his confession to the BBC and the Chilcot Inquiry that he would have gone to war to topple Saddam Hussein regardless of the issue of Iraq’s alleged weapons of mass destruction.

Indictments around the world:

> The international criminal court to which Britain is a signatory has received a record number of petitions against Blair.



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Last Updated on Thursday, 22 April 2010 12:24
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BRIC Summit Joint Statement, April 2010 (21/4/10) PDF Print E-mail
Administrator   
Wednesday, 21 April 2010 08:48

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German Windfall Profits From Exiting The Euro - By Daniel R. Amerman (21/4/10) PDF Print E-mail
Daniel R. Amerman   
Wednesday, 21 April 2010 08:45

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Banking With Piranhas - By Julian Delasantellis (21/4/10) PDF Print E-mail
Julian Delasantellis   
Wednesday, 21 April 2010 08:44

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