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For the eurozone, the worst is yet to come
Ms Sans Serif
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[quote:Anonymous Coward 331367:MV8xODgwNzU2XzMxNDAwOTE0XzQyRkZDQUEw] [quote:G3:MV8xODgwNzU2XzMxNDAwNTkxX0YzNTY0RDQz] [b]"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."[/b] [/quote] 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. [/quote]
link to www.telegraph.co.uk
when you read mainstream articles like this, we must be really close to SHTF!
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