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highly viable and a real disastrous disorderly wind down of the european union experiment but we've teetered there for way too long there's been a sort of sense that the e.c.b. the i.m.f. the sovereign policymakers in many of the european countries believed and conducted themselves as though they had more time than they did while the financial markets screamed out as did critics you don't have more time you don't have more time and they kind of leisurely looked at their watches and tried to do what was good for them domestically politically and acted like they had time that there was every indication did not actually exist and can we talk about in the event that this this does happen and it looks like a it's very likely that it will happen and how the situation in the e.u. can affect confidence in global economies even here in the u.s. i don't think we're near term fifteen country downgrade what we are going to see is a smaller more unified european union probably with some of the marginal states that were struggling here which have the highest debt burdens no longer part of the mechanism th
highly viable and a real disastrous disorderly wind down of the european union experiment but we've teetered there for way too long there's been a sort of sense that the e.c.b. the i.m.f. the sovereign policymakers in many of the european countries believed and conducted themselves as though they had more time than they did while the financial markets screamed out as did critics you don't have more time you don't have more time and they kind of leisurely looked at their watches and tried to do...
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prevent madrid from following in the footsteps of fellow eurozone nations like greece and italy there are teetering on the brink of financial disaster because of their dance next hour we hear from a number from a member of the european parliament who thinks measures taken by governments in those countries have come at a cost to democracy. we saw crews in two e.u. member states initially as in greece elected prime ministers would topple the favorite all euro respectively the european commission member former vice president of the european central bank they had what are called national governments but the governments that you put together for the sole purpose of pushing through an agenda that would be rejected at a general election so that receive the if you like the empty democratic tendencies that were always there implicitly in the eurozone we now see them explicitly apparatchiks the brussels deal directly with apparatchiks after news broke the people and their representatives have been. total to go. with. six more bodies have been recovered from the sea taking the number of confirmed dead from th
prevent madrid from following in the footsteps of fellow eurozone nations like greece and italy there are teetering on the brink of financial disaster because of their dance next hour we hear from a number from a member of the european parliament who thinks measures taken by governments in those countries have come at a cost to democracy. we saw crews in two e.u. member states initially as in greece elected prime ministers would topple the favorite all euro respectively the european commission...
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prevent madrid from following in the footsteps of fellow eurozone nations like greece and italy that are teetering on the brink of financial disaster because of their debts and about fifteen minutes we hear from a member of the european parliament who thinks measures taken by governments and those countries have come at a cost to democracy. last month we saw crews in two e.u. member states initially as in greece elected prime ministers were toppled in favor of your across respectively a former european commissioner and a former vice president of the european central bank they head what are called national governments but the governments have been put together for the sole purpose of pushing through an agenda that would be rejected at a general election so that we see the if you like the anti democratic tendencies that were always there implicitly in the eurozone we now see them explicitly apparatchiks in brussels deal directly with apparatchiks in athens and in rome the people and their representatives have been cut off altogether. now it's time for our special series of first hand reports on even
prevent madrid from following in the footsteps of fellow eurozone nations like greece and italy that are teetering on the brink of financial disaster because of their debts and about fifteen minutes we hear from a member of the european parliament who thinks measures taken by governments and those countries have come at a cost to democracy. last month we saw crews in two e.u. member states initially as in greece elected prime ministers were toppled in favor of your across respectively a former...
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looked like they were going to go through with it and tell spain italy greece said now hold on we're teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake. what are some other nice from around the world now and there's one place in the heart of the e.u. that slowly been struggling to achieve a much talked about unity belgium finally has a new government after a record breaking five hundred forty days of political deadlock socialist leader. will take charge of the new coalition which will have to sort out reforms and cuts to patch up belgium's doing little come to me the last government quit in april twenty tend to fit into a zone of internal disputes. a suicide bomber has struck at the c.r. that was the shrine in the afghan capital killing at least thirty people. hundreds gathered to mark
looked like they were going to go through with it and tell spain italy greece said now hold on we're teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake. what are some other nice from...
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it looked like they were going to go through with it until spain italy greece said now hold on we're teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. then than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake. well you can get the news whatever you want to r.t. dot com including japan's i've watched an expensive super costs must eat ferraris two mercedes and one lamborghini written off what's going to be the world's costliest car crash thankfully no serious injuries because the footage online. and the voyage of russia's martian rover is over before it started the two hundred million dollars probe begins breaking up after being stuck for a month trying to leave earth's orbit the details of that party. the euro's time is almost up so says one of the big three credit rating agencies as he prepares for a mass euro zone debt downgrade standar
it looked like they were going to go through with it until spain italy greece said now hold on we're teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. then than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake. well you can get the news...
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the greek economy already teetering on the brink has taken yet another turn for the worse that's the verdict coming from i.m.f. officials austerity inspectors visited the country to check whether it's meeting the conditions set up by international creditors if the demands are not fulfilled greece will not get a second lifeline of one hundred thirty billion euros and another debt ridden eurozone economy that of italy is undergoing a further round of belt tightening as its lower house of parliament is about to vote for more austerity measures nigel for raj m.e.p. and leader of the u.k. independence party says the hands of the eurozone strugglers are tied while they are trapped within the block. don't forget that politicians will always defend the status quo they will always tell you that if what we have now doesn't continue to exist the sky will fall in they'll be family. but it will all be a complete disaster we've seen this before many times over the years the reality is that the breakdown of the euro in the short would be tough. because many many european banks would go bust and pro
the greek economy already teetering on the brink has taken yet another turn for the worse that's the verdict coming from i.m.f. officials austerity inspectors visited the country to check whether it's meeting the conditions set up by international creditors if the demands are not fulfilled greece will not get a second lifeline of one hundred thirty billion euros and another debt ridden eurozone economy that of italy is undergoing a further round of belt tightening as its lower house of...
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the euro is teetering. europe itself is very discomfited. arguably one of the reasons behind the formation of the european union was a concern of germany, which by that point had three major wars. should be part of something else. there is a fine line, and everybody is now looking to germany to save the european union and to save the euro. do we have a role in this? anyone? george? >> i think we do have a role. people are looking to the united states to be destabilizing influence. >> people are quite attractive to our gridlock. >> to some degree. i think the real danger here is that as we look at the development against austerity measures in london, this may be a foretaste of what may occur here. >> the brits have run into a problem. they have cut some of their extravagant social expenditures, but they did not realize the unemployment, which is an argument to be made against republican proposals domestically. >> we are looking at the same potential here. no question we are looking at high unemployment with no real solution to solve it. >> an
the euro is teetering. europe itself is very discomfited. arguably one of the reasons behind the formation of the european union was a concern of germany, which by that point had three major wars. should be part of something else. there is a fine line, and everybody is now looking to germany to save the european union and to save the euro. do we have a role in this? anyone? george? >> i think we do have a role. people are looking to the united states to be destabilizing influence....
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an event much larger than lehman brothers that would cascade to the global markets and would push a teetering and very vulnerable european monetary union into true crisis as well as sending very damaging shock waves to the global economy and global financial markets the e.c.b. the i.m.f. sovereign policymakers in many of the european countries believed and conducted themselves as though they had more time than they did while the financial markets screamed out as did critics if you don't have more time you don't have more time and they kind of leisurely looked at their watches and tried to do what was good for them domestically politically and acted like they had time that there was every indication did not actually exist. for the new libyan government has vowed to see all of this is out of the capital by the end of the month tripoli has been flooded with former rebels ever since they stormed into colonel gadhafi in august since they take this killing the billions of rebuilding their lives but has a son a boy who reports challenges still lie ahead. after months of waking up to gunfire resident
an event much larger than lehman brothers that would cascade to the global markets and would push a teetering and very vulnerable european monetary union into true crisis as well as sending very damaging shock waves to the global economy and global financial markets the e.c.b. the i.m.f. sovereign policymakers in many of the european countries believed and conducted themselves as though they had more time than they did while the financial markets screamed out as did critics if you don't have...
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to expect that those who reforms can be implemented on it a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such magnitude on all these if you implement but i mean the point i'm trying to make is that the sooner the crisis is the military clashes stop in a better position the international community will be to demand the syrian authorities move along the reform track as quickly as possible towards forming the constitution doors conducting democratic open elections but all that in a situation when there is an armed conflict being encouraged from various quarters when we see weapons being moved. illegally into syria all that of course becomes a separate conversation like to broaden this out next and focus in about what might be ahead in two thousand and twelve more generally in the region islamist parties have made inroads in the countries whose governments were overthrown in twenty eleven what additional risks does it bring to the middle east and north africa or indeed what action do you think that will require
to expect that those who reforms can be implemented on it a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such magnitude on all these if you implement but i mean the point i'm trying to make is that the sooner the crisis is the military clashes stop in a better position the international community will be to demand the syrian authorities move along the reform track as quickly as possible towards forming the...
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they said they'd be teetering on the brink of civil war still and control slipping for president the sad who still in power at the moment though who's driving the conflict and is the would end game anywhere in sight. would seem to keep with syria the most dangerous situation that you have an. incipient civil war but it's also as a as a religious civil. and shiites a white student in syria and if we go back to what happened in libya resource how the gulf monarchies qatar and so on funded and propagandized on the health of the anti gadhafi forces but they're also very much involved in scipio syria and i think there is a danger now that you could see external forces wanting to write their vision of a democratic middle east but on the theocratic middle east and in a way the west has to promoting democracy rights to say the states and locals who are. absolutely on a peace. and whose concern for civil rights of minority rights very limited and so the danger is that we will see a religious civil war spreading from syria into lebanon but also including iraq where of course the shiite led gov
they said they'd be teetering on the brink of civil war still and control slipping for president the sad who still in power at the moment though who's driving the conflict and is the would end game anywhere in sight. would seem to keep with syria the most dangerous situation that you have an. incipient civil war but it's also as a as a religious civil. and shiites a white student in syria and if we go back to what happened in libya resource how the gulf monarchies qatar and so on funded and...
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course to expect that those reforms can be implemented in a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country reforms of such magnitude are not easy to implement but all that in a situation where. there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a theoretical conversation. a full exclusive interview with russia's u.n. ambassador is now on our website if you'd like to see it i spoke to him at length of your own about half an hour a christian about the major international stories of twenty eleven and how they'll develop and thinks in twenty twelve tele check ins thoughts on the arab spring iran's nuclear program the middle east turmoil and more on our website outing dot com here in a few minutes the year the money and the patience ran out in greece. trying to pull its eventually to take after a survey they came they threatened to read. just thinking oh my god i just can't breathe. surely our correspondent personal reflection
course to expect that those reforms can be implemented in a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country reforms of such magnitude are not easy to implement but all that in a situation where. there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a theoretical conversation. a full exclusive interview with russia's u.n....
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the greek economy already teetering on the brink has taken another turn for the worse that's the verdict coming from the international monetary fund officials a steady inspectors visited the country to check whether it's meeting the conditions set up by international creditors if the demands are not fulfilled and greece won't get a second lifeline of one hundred fifty billion euros. in the aid of the u.k. independence party says the hands of eurozone struggle is a time head while they are trapped within the bloc that it all. don't forget that politicians will always defend the status quo they will always tell you that if what we have now doesn't continue to exist the sky will fall in they'll be family and pestilence a little over a complete disaster we've seen this before many times over the years the reality is that the breakdown of the euro came a short would be tough because many many european banks would go bust and probably have to be nationalized but as we've seen with iceland who back in two thousand and eight let some of their banks go bust accepted the situation three years old
the greek economy already teetering on the brink has taken another turn for the worse that's the verdict coming from the international monetary fund officials a steady inspectors visited the country to check whether it's meeting the conditions set up by international creditors if the demands are not fulfilled and greece won't get a second lifeline of one hundred fifty billion euros. in the aid of the u.k. independence party says the hands of eurozone struggle is a time head while they are...
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course are to expect that those reforms can be implemented in a situation when the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such magnitude are not easy to implement but all that in a situation when there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a theoretical conversation. full exclusive interview with russia's you and ambassadors on our website now where quizzed him about the major international stories of twenty eleven and how he thinks they're going to develop in twenty twelve to tell the chickens thoughts about the arab spring iran's nuclear program the middle east turmoil and but out. here in a few minutes the money and patience ran out in greece. trying to pull its eventually to take us to a sort of a they came they threatened through mid-sentence just thinking oh my god i just can't breathe anymore. well shortly tonight our correspondents person refer. actions from greece as our team continues to look back at twenty ele
course are to expect that those reforms can be implemented in a situation when the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such magnitude are not easy to implement but all that in a situation when there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a theoretical conversation. full exclusive interview with russia's you and...
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event much larger than lehman brothers that would cascade to the global markets that would push it teetering and very vulnerable european monetary union into true crisis as well as sending very damaging shock waves of the global economy and global financial markets the e.c.b. the i.m.f. sovereign policymakers and many of the european countries believed and conducted themselves as though they had more time than they did while the financial markets screamed out as did critics if you don't have more time you don't have more time and they kind of leisurely looked at their watches and tried to do what was good for them domestically politically and acted like they had time that there was every indication did not actually exist. well more updates and analysis online at www dot com has some of what we're covering through there today mission failed american attempts to snoop on iran from the skies on dashed after a cia spy drone was down potential delivering some top secret information to turn around in the process. also online the toxic terror reportedly in the king from japan's stricken nuclear rea
event much larger than lehman brothers that would cascade to the global markets that would push it teetering and very vulnerable european monetary union into true crisis as well as sending very damaging shock waves of the global economy and global financial markets the e.c.b. the i.m.f. sovereign policymakers and many of the european countries believed and conducted themselves as though they had more time than they did while the financial markets screamed out as did critics if you don't have...
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looked like they were going to go through with it until spain italy greece said now hold on we are teetering right now if you actually raise gas prices here if you cut off our oil imports from abroad we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake now about forty five tons of radioactive water has reportedly leaked out of the fukushima nuclear plant in japan that was badly damaged in march is earth quake and tsunami some of the toxic water and they have found its way into the ocean during the weekend when strain put this in perspective now and talk to david wagner from country risk solutions in tokyo thank you for joining us here on our to mr wagner what are the potential dangers of this latest leak if it's confirmed but the link is so is rather small compared to what's going into the ocean. you're going to march time period where eighty percent of all of the radiation that leak
looked like they were going to go through with it until spain italy greece said now hold on we are teetering right now if you actually raise gas prices here if you cut off our oil imports from abroad we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake now about forty five tons of...
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expect that those groups reforms can be implemented it is situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country the forms of such a magnitude on all these are very implement but i mean the point i'm trying to make is that the sooner the crisis is the military clashes stop. in a better position the international community will be to demand that the city in a sort of is move along the reform track as quickly as possible. well italy had a currency christmas present its borrowing rates have plummeted in recent days allowing it to cheaply raise some much needed money to service its debts but prime minister mario monti is not popping the champagne saying more is needed to be done to calm the markets and that means more cuts well let's discuss this further and whether or not it's good or bad news with johan van overtveldt who is the editor of two were belgium's leading business magazines also wrote the end of the euro the uneasy future of the european union so tell us italy's managed to sell bonds at a rate lower than the one whi
expect that those groups reforms can be implemented it is situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country the forms of such a magnitude on all these are very implement but i mean the point i'm trying to make is that the sooner the crisis is the military clashes stop. in a better position the international community will be to demand that the city in a sort of is move along the reform track as quickly as possible. well...
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course of to expect that those reforms can be implemented in a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such magnitude are not easy to implement but all that in a situation when there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a saturday conversation coming up here on r t from moscow for you. it was trying to force eventually to take us to a sort of a became base but i'm in sort of mid sentence just thinking oh my god i just can't breathe anymore. just a few moments we'll bring your correspondent personal reflections from greece as we look back more of twenty eleven has made headlines. let him a poet and says he's open for talks with the opposition which organize the parliamentary protest rallies but he says there's no way to talk to the premier reaffirm that there's a need for a dialogue insisting there's always been the channel available between him and his rivals artie's or when it takes up the story ther
course of to expect that those reforms can be implemented in a situation when the the crisis is sort of teetering on the brink of civil war even under normal circumstances in any country forms of such magnitude are not easy to implement but all that in a situation when there is an armed conflict being encouraged from various quarters one would see weapons being moved. illegally into syria all that of course becomes a saturday conversation coming up here on r t from moscow for you. it was trying...
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those and it looks like they're going to go through with it until spain italy greece hold on we are teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake but what's interesting is that you see officials from both iran and the u.s. that seem to be pushing for these harsh acts actions refusing to take this more diplomatic approach what is it that it's kind of this one commonality that we're seeing between the two countries. why is it that we're seeing on both sides this this kind of aggressive push the you know we call it institutionalized and maybe with iran thirty years of just on both sides. strong incentives for politicians to actually sabotage diplomacy to ratchet up. rhetoric to escalate tensions and there are rewards on both sides here in the u.s. you see president obama heading in t
those and it looks like they're going to go through with it until spain italy greece hold on we are teetering right now if you actually raise gas prices here if you cut off our oil imports from iran we're going to go under that's going to create far more damage. than we could expect from actually pursuing a different course with iran focused on a way out of this sort of escalating confrontation. and more towards diplomacy than just pressure for pressures sake but what's interesting is that you...
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them i don't know which way this is going to go on the other hand you the european banking system just teetering on the edge of collapse you have all. these institutions including ones in america that waterfall this day in southern europe thinking that this was going to be some great investment because it was trading at a fabulous disco if i could matter is it was trading at a fatalist discount because they can't possibly pay so how you're going to resolve things i'm not sure but frankly i see both of them being very badly sometime next year all right karl denninger at a time thanks for being on the kaiser report thank you all right now going to do it for this edition of the kaiser report with me max kaiser and stacy herbert our thank my guests carl then injure of market taker org you can follow carl on twitter at ticker guy you can follow us at kaiser report of both twitter and facebook you can send us an e-mail at kaiser report at r t t v that are you and the next time max has are saying by all.
them i don't know which way this is going to go on the other hand you the european banking system just teetering on the edge of collapse you have all. these institutions including ones in america that waterfall this day in southern europe thinking that this was going to be some great investment because it was trading at a fabulous disco if i could matter is it was trading at a fatalist discount because they can't possibly pay so how you're going to resolve things i'm not sure but frankly i see...
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central banks from all over the world announced a coordinated effort to stabilize europe, which has been teetering on the brink of recession, threatening to bring america down with it. >> and if europe goes down, there will be repercussions for us. and if a full-blown panic goes out as we saw in 2008, there really is nowhere to hide. >> reporter: rocket booster number two, american jobs. a new report today says american companies hired 206,000 new workers last month. the best month for hiring in nearly a year. >> over half the jobs came from small business sector and that suggests that we're starting to see new business formation pick up, which is critical to have sustained recovery going forward. >> reporter: rocket booster number three, china cuts interest rates. boosting its own economy, making it easier for chinese companies and workers to borrow money, and, perhaps, buy american products. for the past four months, the stock market has been on a crazy roller coaster ride. look at this graph. so, what is the average investor to do in this environment? experts say stick to your financial plan an
central banks from all over the world announced a coordinated effort to stabilize europe, which has been teetering on the brink of recession, threatening to bring america down with it. >> and if europe goes down, there will be repercussions for us. and if a full-blown panic goes out as we saw in 2008, there really is nowhere to hide. >> reporter: rocket booster number two, american jobs. a new report today says american companies hired 206,000 new workers last month. the best month...
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the euro zone is teetering on collapse decades in the making. because the problems are the success of government spending leading to excessive government debt coupled with slow gdp growth. the largest european countries are expected to have real gdp growth of 1.3% for 2012 and unemployment of 9.9%. the imf produced long-term gdp forecast in which they discovered most of the european zones will have gdp growth by 2016. if you look at the household financial debt, in europe, the uk's debt to gdp ratio including household and finance, over 900%. japan is over 600% legal debt to gdp. the u. s is over 300%. the euro zone, drowning in debt. it shows there is a significant negative effect on growth. the european union will unify breakup or downsize the option and still spending too much money and taken off too much debt which was slow gdp growth. additional debt is not the answer. it is the problem. obvious solution is austerity, making loans to european central-bank solving the underlying structure problem and only makes the debt to gdp problem even w
the euro zone is teetering on collapse decades in the making. because the problems are the success of government spending leading to excessive government debt coupled with slow gdp growth. the largest european countries are expected to have real gdp growth of 1.3% for 2012 and unemployment of 9.9%. the imf produced long-term gdp forecast in which they discovered most of the european zones will have gdp growth by 2016. if you look at the household financial debt, in europe, the uk's debt to gdp...
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. -- comes out gray in the face and teetering slightly and he spoke for 90 minutes. when he took the speech out of his pocket and saw the perforations -- the photograph in my book--it still this -- that is when he realized the seriousness of what happened to him. whereupon being a naturally theatrical hand, he unbuttoned his coat, exposed the spreading blood stain and said it takes more than that to kill a bull moose! what writer can resist this kind of theatrical but genuine behavior? this kind of extraordinary drama? and the symbolism that it implies? this is my blood which was shed for you. this is my body. it is not fanciful to applied religious interpretation to this occurrence because progressive party campaign in 1912 was extraordinarily evangelical. t.r. was nominated by the convention, the sound of perpetual him miss singing. organ music, evangelical oratory, new york delegation storming the aisles, led by oscar ottoman strauss, the first history singing onward christian soldiers. and therefore, t.r.'s behavior which i'm sure was subconscious is an example o
. -- comes out gray in the face and teetering slightly and he spoke for 90 minutes. when he took the speech out of his pocket and saw the perforations -- the photograph in my book--it still this -- that is when he realized the seriousness of what happened to him. whereupon being a naturally theatrical hand, he unbuttoned his coat, exposed the spreading blood stain and said it takes more than that to kill a bull moose! what writer can resist this kind of theatrical but genuine behavior? this...