Worldwide Economic Protests and Riots

Worldwide Economic Protests and Riots

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Economic related protests and riots are occuring around the world from Iceland to China. The mainstream media in the U.S. gives relatively little or no coverage to these events. On January 23, 2009, the Prime Minister of Iceland, Geir Haarde resigned from office following several months of protests over the banking collapse and credit squeeze. The resignation of the Minister of Business Affairs followed two days later. Economic conditions in Iceland and other parts of the world continue to deteriorate as the effects of the credit crisis affect the general economy. The world economy appears to be sliding deeper into recession and possibly something worse.

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Mainstream media of Europe and especially US does not show it, but there is a big disturbance all around the world becuase of the crisis. I was amazed, how the Riots in Greece were almost never mentioned in MSM. Although not big as in Greece, in Iceland (a land almost bankrupted), in China, in Latvia, in France there are big protests and their tention is going higher and higher everyday. Dont forget to watch videos too. It gives some clues what is going on and what will be going more heavily in near future.

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There is probably a reason for that. MSM is most likely afraid that the wave of rioting will catch on over here if they were to cover the ones overseas or they prefer to keep the focus on Obama. Of course, there could be other reasons, but these are my top two choices.