150531 – Grecian Hell

REAL news….

The Hyper Report

Today’s Items:

First…
Grecian Hell
http://www.zerohedge.com

Greece now has less than a week before it defaults on its June 5th payment to the IMF, a payment which it can’t make simply because it ran out of money even before its last “payment” to the IMF on May 12th. If Greece manages to kick the can again, Europe’s most devastated country still has multi-billion euro payments until 2057. In short, it will be hell for Greece.

Next…
Economy is Shrinking Again
http://www.moneyandmarkets.com

The first-quarter GDP of the U.S. contracted at a 0.7% annualized rate. The blame is being placed on a rising intrinsically worthless U.S. dollar compared to the other Monopoly currencies. The rising dollar has made U.S. exports more expensive, hurting domestic industries. What is interesting is that gems and precious metals, at over $65 billion, is number 7 in the top 10 U.S. exports. Anyway, in all first…

View original post 419 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s