Leo Panitch: Greece will default on its debt, banks want to make Greek people pay a heavy price

Duration : 0:15:38

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Technorati Tags: austerity, debt, EU, Europe, Greece, news, protests, real, workers

http://www.goldsilver.com Mike Maloney is the author of the world’s best selling book on precious metals investing. Since 2003 he has been advocating gold and silver as the ultimate means of protecting wealth from the games played by our governments and banking sector. In this 90 minute presentation he lays down his ‘most likely’ scenario for the global economy over the next deacde…short term deflation, followed by big or even hyperinflation. Here you will learn the true definitions of inflation/deflation, the difference between currency and money, price vs value, ‘Wealth Cycles’, gold and silver accounting for the expansion of fiat currency, gold and silver supply and demand, the differences between the today’s bull market and that of the 1970s, The Debt Collapse, and more.

If you would like to know more check out Mike’s websites http://www.GoldSilver.com and http://www.wealthcycles.com

Mike sends out a free weekly newsletter from each of the above sites each with valuable information on the economy and gold & silver, see you there.

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Duration : 1:29:27

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|November 24, 2010
Protests against austerity measures have flared up once more in cities across Europe. A 24-hour general strike is underway in Portugal over public sector pay cuts and tax rises, two days before parliament votes on a severe new budget. The strike is set to cause the biggest disruption in the country for over two decades. Meanwhile, unrest is building in the UK over the government’s proposals to increase university tuition fees.

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Duration : 0:4:32

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