Eurozone 'depression' possible - Treasury

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Wed, 13 Jun 2012 6:13p.m.

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The head of Treasury used the word depression to describe how bad Europe’s economic woes could get

The head of Treasury used the word depression to describe how bad Europe’s economic woes could get

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14/06/2012 12:34:46 p.m.

purenz wrote:

In terms of Asset Sales:

Governments often uses a macro-economic term called '3rd party repo' basically design for a GOVTs to sell an asset to a financial institution and then get a future govt to buy it back at a higher price at a cost of the tax payer.

Another neoconservative screw-up!

A tax payer has no ability of finding this information? BANKS/GOVTs keeps this info confidential from the citizen. even though its clearly ripping as off.

Previously Labour and National have done nothing on this subject.

So GO GREEN! - Bring back Austrian economics!

13/06/2012 7:44:28 p.m.

Alex wrote:

the PIIGS are literally already in depression scale crises...just another bit of evidence treasury has no idea about anything, the other evidence being the last 30 years

13/06/2012 6:51:27 p.m.

Emma Vickers wrote:

Who is the guy behind to the right of Gabriel Makhlouf??!!