As I've Been Warning Since 2010, the EU is Finished
The EU is about to crumble.
Discussions of Greece leaving the EU are openly being discussed by EU leaders as I write this.
Far worse than that, the relationship between the two largest EU economies (Germany and France) is collapsing.
France, now run by a Socialist, is pushing for "growth" (AKA debt) while Germany and the ECB are about tapped out in terms of supplying funding.
Indeed, if Germany goes ahead with more funding of the EU it will most assuredly lose its AAA rating. That will mark the end of the EU as there will literally no longer be an AAA rated entity large enough to fund additional bailouts.
Here's the facts:
1) If Greece leaves, Spain or Italy will definitely
either default or threaten to leave (they've seen
that bailouts in exchange for austerity don't work).
2) Germany and France will not agree on what
to do because there simply isn't the money. The EU
in general is too leveraged with far too much debt.
All of these spell Game Over for the EU. And remember, the EU banking system is $46 trillion in size, nearly FOUR TIMES that of the US.
So when the EU banking system collapses, it's going to take a large chunk of the US and the rest of the global banking system with it.
So if you are not preparing for this, YOU NEED TO DO SO NOW.
I recently published a report showing investors how to prepare for this. It’s called How to Play the Collapse of the European Banking System and it explains exactly how the coming Crisis will unfold as well as which investment (both direct and backdoor) you can make to profit from it.
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