The most optimistic development on the world stage that I have seen in decades is what's coming out of Eurasia, especially out of China and the Eurasian Economic Union, led by Russia and other countries, that is to build a grid.
Lately, we have all heard a lot of baseless speculations about the possibility of the State of California's exit and cessation from the union.
There is no getting out of the present American Depression. Private sector debt is fast approaching $20 trillion, not including the massive interest to be added over the foreseeable future.
Despite the persistent effort of the Greek Media to present the report issued by the Independent Evaluation Office on July 8th, which examines the contribution of the IMF on the “rescue” plan of three countries (Greece, Ireland, and Portugal) as a