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Think PPT type shit; you know, the ECB, etc., etc., etc.....
For Christ's sakes, the EU and Euro will not make it. Their "leaders" are effectively bankrupting the populace trying desparately to keep some fantasy alive. Their actions, resulting in immense social-political-economic disloctions and costs are Criminal!Let the damned thing go and get back to some semblance of reality.
If you are German and read ZH get this out to your fellow countrymen. You have a chance if they are considering it. LEAVE the EURO NOW! Escape the Central Banking debt currency system and start over with sound money.
Here are the two problems. One, we have all of their physical gold and they won't be getting it back anytime soon to back a currency. Two, So much money would plow into the German Mark and they would have massive inflation due to currency strength and their exports would slow to stand still speed-kind of like what we are seeing with the Swiss right now...
gold, schmold, they can back it with Benzs.
Currency controls... get ready for them...coming to a currency near you.
a strong currrency results in low inflation but screws your exporters, but god is it good to travel with a strong currency. here in norway i'm dirt poor but every time i travel to europe i can lord it over all the peasents
slow motion train wreck proceeding inexorably forward.
Tip of the Cow catchers just now touching...
It'll look something like this...
Just the slighest "shit" out of the guy, just before impact!
The Party is OVAH!
Things just keep ramping up exponentially. I'm ready for the friggin re-set already!
"Warns Of Collapse Of Banking System And Civil War "
I'm thinking how far people can actually go to make money?
What collapse? what crisis? where are you living?
In USA retail stores are f*cking packed.
I should say Biz. are booming,
that's almost right terminology.. Where you, f* outer space
aliens came from? I guess any story to make your hit counter
spin is good???..
It's not wise to make money off the sick people. :)
Doom heads! Check your local Shopping mall.. Crisis my A$$!!!
Thats not enough for a system that needs more and more growth to survive..This monster likes to eat..
you'll like this better...jimcramer Jim Cramer
RT No need to panic. But no need to buy. If you have good yielders you are safe. But banks and tech will be terrible....Cyclicals, too...
Talk about space aliens!
Ha, yes, what better evidence is there of a productive economy than full shopping malls. We produce debt laden shoppers better than anybody!!
You are aware that in all the finest zombie movies, the risen dead congregate at retail establishments, right?
I can only give you one green. You deserve many for that. Zombie banks indeed. "Just don't go near the damn mall and you will be OK."
Prom... I believe that the zombies in 'Night of the Living Dead' congregated in a farm house...
For a change of pace someone should make a vegan zombie movie.
I am thinking of an asian zombie movie
Or maybe islamozombie film
Yeah what would a Hindu undead zombie crave?
A little curry liver tartare served at 98.6 degrees F mignt be a nice start.. maybe with a side of humus.
One retail zombie movie please, put it on my zombie bank credit card, thanks
Checked mine, it was empty, and there are lots of vacant stores. Are you blind? Maybe you live in Connecticut.
No fucking kidding I was thinking the same thing. He must live eyeball deep amongst the parasite class.
@moneywise---all of a sudden the malls are an accurate gauge of an impending global default based on massive govt debt and banking liquidity issues????
Didn't you know that debt defaults can't happen in Europe if the malls in America are packed?
This is one of the most ignorant comments I've seen on this site. Go pitch the blue pill elsewhere shill and/or denialphillic asshole.
Where do you live in US?, I am in Texas and a well offf area,and the local malls are almost like Zombie Towns.
Only on weekends are there any cstomers where they were packed every day.
People here are buying only what they need, not wants.Like I said this one of the top 3 counties in Texas................income wise and business wise.
Michael Stipe had an authorative piece on this scenario some time ago:
Wait, UBS admits that breaking up the EU would kill UBS? I'm in ... as long as the US can get its money back. But I doubt that's the case. Even so, I'm in because that would mean UBS wouldn't exist to steal our money in the future.
wtf do u mean, "... as long as the US can get its money back." Stay quiet fool.
correction - "as long as US taxpayers can get their money back ..."
Still sooo wrong. Your correction is again incorrect because it infers that UBS stole taxpayers money. That's what our government does, UBS prevents the theft in the first place.
The UBS brief is remarkable. Consider that UBS is primarily a Swiss bank, and that Switzerland, alone among its neighbors, refused to join the EU and Euro. Now UBS is essentially fear-mongering to try and coerce Germany to join a fiscal union and bear the cost of propping up the profligates to whom UBS has lent vastly more money than Switzerland is worth. The stunning hypocricy of the UBS commentary is deeply repulsive.
You mean the Swiss wouldn't join a trading bloc set up by France and Germany for their countries to profit off of less economically viable countries (PIIGS). Curse them!
Fear mongering.... Damned right!They want to attract additional new meat, er, clients, from the other EU nations about to be the departed. Playing to the olde traditional Swiss saftey, security and silence.
New meat ripe for Skullfucking!
Gold backing of the Swissie is going to tumble hard...
They must save the European Union, it's for the children. Benjamin Sholom Bernanke will bear the burden of the world if he must.
Just kidding, get some real money while you can!
Stop lying bastards..
But don't stop laying bastards..
They're trying, but you just won't shut up.
Well, looking at some lesser looked at parameters:
This moment the 10 year bond futures say 1.91% (!!!). Behold the flight to somewhere, anywhere, not gold that isn't equities.
The 6 and 12 month paper is slightly down, as people know damned well QE3 is not truly QE because it won't be a net increase in bond buying. Rather, the Fed will punish anyone looking for safety and force them at gunpoint out to the long end.
The Brent spread is moving towards $27 friggin dollars with Brent at $110.
The proof of the pudding will be when no one will lend Greece money, they have to drive their deficit to zero overnight, and then somehow find an oil provider to sell them oil for . . . drachmas? When they can't get oil, that's when the Red Cross arrives with refugee biscuits.
oil for islands?
And it's actually deeper than this.
You see, if Greece defaults and suffers no particular pain due to a rushing in of aid agencies, and life re-orients itself there with not a single death, then they are going to very rapidly have company in defaultville.
Only if they have mass murders and sniping of bankers and politicians will Spain, Italy, Portugal and whoever find some way not to default.
"and it's actually deeper than this"
If that is true, which seems logical, then TPTB will make certain that Greece suffers
severely when they default.
Yup. And every minute of it will be on the 6 o'clock news every night.
It's a very tough read. Do they have mass killings on the 6 o'clock news every night, or do they have everyone default.
Will they label these killings a "civil war"?
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