12 Jun 2012

From Crowd Funding Europe's Future to the Future of Gold and the US Dollar!


The Eurozone debt crisis plot thickens today as Spanish government borrowing costs soared to their highest level since the launch of the Euro. Maybe the bond market agrees with our guest from yesterday that Madrid's bank bailout ensures Spain is insolvent? Italy is swept up in the mess too, with Italian bond yields leaping up. So with the low-hanging-sentiment fruit seemingly picked, what does this mean for the Euro, the Dollar, and gold?
 

And as markets and the media weigh Eurozone policy decisions and the states of upcoming Greek elections...let's take a break from what governments are doing to talk about individual responses to the crisis. 
The ads that you just saw are meant to lure tourists to Greece. You might think that they were paid for by the Greek government, but you would be mistaken to think so. They were crowd funded by Greeks from around the world. We will be speaking with one of the founders of the initiative that made this feat possible, Yorgos Kleivokiotis of Up Greek Tourism, in the second half of the show.

Plus, can and should the US tax code be altered in order to bolster jobs and innovation in alternative energy? Senators aretalking about it on the Hill today. But commodities expert Dr. Stephen Leebwill tell us if the US is already being left in the dust compared to other countries when it comes to renewable energy development, and what this means if we truly face oil scarcity.



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