For the eurozone, the worst is yet to come

yep

Wtf is going on with merkels mouth? She must be sucking on a sour sweet!

Hopefully Germany will succeed whatever will come!

I can see just by looking at that fish mouth.

Exciting!!! I am 100% certain that it will not affect me either!! Cause I got gold, god and a gun!

Excellent article.

Quote:

"The trouble is that Greece is a democracy, Spain is a democracy. France, the world's fifth-largest economy and one of the most powerful countries on earth, is a democracy – and a pretty feisty one at that. Are all these countries, their electorates supplicant, their future politicians content, really going to subscribe to and live under, for decades to come, a system based on Berlin telling them how much they can borrow and spend? I don't think so."

What do you guys reckon? Will the Euro crash and if so, what is your intuitive/educated guess as to when??

I think yes it will crash, and I'm giving it 6 - 10 weeks.

Germany is in far worse shape than France, they have been hiding under the Euro, all the debt, and all the inflation from the Mark, when it hits them, it's going to be huge. The Euro was a great excuse for politicians to use as an escape for many nations, especially Germany who were all so happy to push for it.

This is as bad as it gets, the Fed could end up bailing out the Eurozone.

I can't believe I just said that.

duh, 2013 will be hard on everyone's wallet

3-6 weeks!

WOW! a PIN. thx

in 2008 and in 2010 we were pretty close to the global economic collapse, but no mainstream media reported it! now i read this artikle and was like WTF.

Spot on .. what is not mentioned is the what will happen if the flow of goods from germany to the rest of europe stops.

So far germany has a 1 trillion target2 balance .. this means the germans gave away goods for 1 trillion euros .. and got 1 trillion money from the rest of europe.

Oh wait .. it´s not real money, it is funny money created by the ECB to kick the can ...

I always said (and got massive flak) that the EU will turn europe into a second world shithole.

I revise that statement.

Europe will turn to 3rd world status.

The article is from the UK Telegraph, mouth piece of the London Banksters.

One word reply.... ICELAND.

Relax , its jst an opinion piece in a newspaper. Fact that it is main S newspaper means nothing. We all know this same paper was pushing the lies before Iraq war to change public opinion and now its doing the same regarding Iran by slaves such as this guy in this paper.
If he really knew better, he would not be pushing pen in a this paper but be a government decision maker.
Simply put, its just his opinion and nothing more.

one letter reply.... €

MSM said yesterday that Syriza is losing steam in Greece which implies that a pro-bailout gubbermint will be formed in Greece which further implies that doom is averted and Greece will hang on there.

If you have God, you will not need gold and guns.

Dream on.

If that were to happen, the country would become ungovernable because of civil unrest.

How dumb are you? The Fed is ten times more in debt than the Eurozone. If anyone does any bailing out it'll be the Chinese. Then God help everyone.

Yeah, but the Feds have a super duper, awesome, bitching Printing Press!

What a sophisticated economic model.

Until the reserve status of USD is lost for good.

From what I understand, if they printed more and did another bailout at this time, inflation would push food prices through the roof and cause civil unrest.

Has the can reached the end of the road yet?

The Fed, like the ECB, is leveraged about 30:1.

Not bad.

3 trillion should hold the Euro Zone over.

The Fed can raise the Capital, remember, they are a Private Bank with deep pockets backing them.

I don't see China moving for anything less than a Euro Bond or IMF/World Bank chairs.

Lloyd's of London preparing for euro collapse

[link to www.telegraph.co.uk]


Switzerland prepares for intensifying €uro crisis

with google translated article:

[link to translate.google.de]

This is the time to think about stocking up on food and supplies.

While I don't think we are going to see war (in Europe), we are going to see economic migrations, food & fuel shortages, more unemployment, and general chaos including large riots. Borders are going to be closed. In the case of the UK, this will probably happen ridiculously late and after a couple of million have already entered the country (because we have gutless incompetents running our country).

You can not just "write off" Greece, Spain, Portugal, Italy and others in the southern half of Europe, and expect them to just sit back and accept bankruptcy. If I couldn't put food on the table for my kids, I would go nuts. That's what is going to happen... a short period of extreme chaos and upheaval. Unfortunately, events like this in the past have tended to bring extremists into power.

You vote for the "gutless incompetents" so it says alot about the British...

Tuesday this week could bring some really, really surprising bad 'money' news.