Tag Archives: Bailout

Riots, Bank Runs in Cyprus As Euro Bailout Drama Unfolds

Posted on March 21, 2013 by Barry Donegan

Riots erupted today in the Republic of Cyprus as protesters clashed with police outside Parliament. Crowds continue to pile on to express their frustrations with ongoing negotiations between the European Union and the Cypriot government. Cyprus faces bankruptcy as its … Continue reading →

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Quantitative Easing Is a Stealth Bailout for European Banks

Posted on February 18, 2013 by Barry Donegan

Over recent years, the Federal Reserve, led by “Helicopter” Ben Bernanke, has relentlessly pursued an experimental new inflationary technique called “quantitative easing.” This technique was tried a decade ago in Japan, with dismal results. Bernanke’s plan was sold as an … Continue reading →

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