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Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse

 
Anonymous Coward
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07/19/2011 09:55 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
GLP effect means they will reach workable conclusion and tomorrow it's pink fluffy unicorns dancing on rainbows.
 Quoting: King James


[link to www.nooooooooooooooo.com]
hillcrest3

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07/19/2011 09:58 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
hide
 Quoting: hillcrest3


Hottie...

The bond fund Pimco has its own idea: throwing Greece, Ireland and Portugal to the wolves, and concentrating €1 trillion in "overwhelming force" to defend Spain and Italy. That major players should utter such thoughts shows how fast events are moving.

HOW SOON BEFORE ITS EVRY NATION FOR THEM SELVES?
 Quoting: Anonymous Coward 1287579


hmm
Water always wins.
Anonymous Coward
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United Kingdom
07/19/2011 09:59 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
You gotta love TPTB. A real one-trick pony, recycling the same pathetic power plays over & over & over again.

I'm no economist & I don't think I need to be, because here's what I think is happening...

The European Union & single currency were designed by the same club of greedy nihilistic psychopaths that gave us WWI, WWII etc. It was clear even to a total retard that lumping all of the wildly different economies of Europe into the same shitty basket would have one outcome... an unworkable & ultimately catastrophic failure. And that is exactly what is happening, right on schedule & according to plan.

Why? To create total chaos (Ordo Ab Chao isn't just some hoodoo- voodoo Cabalistic saying); they want total financial collapse not just of the European market but of the US & Far Eastern economies too. The only way to topple the the latter two is by driving a wedge into the works aka the Euro. This has the specific purpose of shaking up the status quo & resetting what they knew from the beginning would inevitably become a grossly bloated debt system (by design, to make money, secure natural resources & keep the working masses occupied with survival while scientific advances are made)

At the point we have reached now, there is only one way to go... bust. Throw all the pieces in the hat again, give them a shake, set each of us against the other & reap the profits of the ensuing war. And mark my words... a war there will be! That is also part of the plan... to reduce the similarly bloated numbers of people on the planet.

I really hope there are plenty of Chinese & Russians reading this, because we in the West can bet our asses that they are being set up too... as the enemy in the next fictitious war. Me, I refuse to play! And neither should you that are reading this.
Luvapottamus

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07/19/2011 10:02 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
hide
 Quoting: hillcrest3


Hottie...

The bond fund Pimco has its own idea: throwing Greece, Ireland and Portugal to the wolves, and concentrating €1 trillion in "overwhelming force" to defend Spain and Italy. That major players should utter such thoughts shows how fast events are moving.

HOW SOON BEFORE ITS EVRY NATION FOR THEM SELVES?
 Quoting: Anonymous Coward 1287579


OOOh, Scary!

Overwhelming debt, or sovereignty?

scratching

Let's go for the debt! Double DOWN!
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Anonymous Coward
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07/19/2011 10:06 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Only Germany can save EMU as contagion turns systemic
 Quoting: Intentionally Blank


Really...
 Quoting: °Epic°


Scaremongering the German taxpayers into bending over and bailing out the greedy, incompetent Rothschild-controlled banks on their dime.
Anonymous Coward
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Mexico
07/19/2011 10:09 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Excellent post bro!

Let's just hope and pray it blows soon.

Got gold?
 Quoting: Rose Croix


nahhh... i am too poor to got it... anyway... I can not eat gold! and is a shame to wear it like a bro on NY doing rap.
Luvapottamus

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07/19/2011 10:09 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
The USA is on the brink of collapse. You want to know a secret? China and other nations don't want to loan the USA any more of their pile of dollars ~ they want to cash them in before they become devalued and worthless. Obama may not be able raise the debt ceiling because your creditors wont allow it. Game might be over soon. China doesn't want to be chumped and played a fool.
 Quoting: Anonymous Coward 1304106


And why is China the lender of last resort?

INFRASTRUCTURE!

They understand CAPITAL, and how to competently DEPLOY it.

You build PHYSICAL INFRASTRUCTURE with SOVEREIGN CREDIT, and the real economy uses it to produce STUFF WE NEED.

Everybody can do that. We can trade goods. The Italians make the best cars(Sorry Germans, but it's true)

Best suits

Best food

America makes monopoly money and Farmville. We used to make good stuff, we can do it again.

So can Spain, so can Greece. To each his own, we can trade.

No more FREE TRADE, it's a SCAM.
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
WOMAN WHO RUNS W/ WOLVES

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07/19/2011 10:10 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
No way on this earth will this ever be allowed to happen because of the implications of violent riots and mass mayhem , thi will and cannot happen take my owrd for it when they come to an agrement by thursday or at least on thursday, your making something out of nothing fucking retard. TAKE HEED THIS WILL AND CANNOT BE POSSIBLE AND WON'T HAPPEN ITS ALREADY BEEN SORTED BUT THE NEWS AS YET TO BE RELEASED TO YOU ARSEHOLES THE SHEEPLE, TRUST ME I KNOW WATCH AND SEE AND THEN COME BACK AND SAY I WAS RIGHT , GOD YOUR SUCH MORONS.
 Quoting: Anonymous Coward 1474120


It can happen they are actually causing it to happen by their Keynesian economic ponzi scheme. The average life span of a fiat currency is about 78 years and then they crash and are worthless, so we are way overdue.
The process has begun
Anonymous Coward
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07/19/2011 10:14 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
You gotta love TPTB. A real one-trick pony, recycling the same pathetic power plays over & over & over again.

I'm no economist & I don't think I need to be, because here's what I think is happening...

The European Union & single currency were designed by the same club of greedy nihilistic psychopaths that gave us WWI, WWII etc. It was clear even to a total retard that lumping all of the wildly different economies of Europe into the same shitty basket would have one outcome... an unworkable & ultimately catastrophic failure. And that is exactly what is happening, right on schedule & according to plan.

Why? To create total chaos (Ordo Ab Chao isn't just some hoodoo- voodoo Cabalistic saying); they want total financial collapse not just of the European market but of the US & Far Eastern economies too. The only way to topple the the latter two is by driving a wedge into the works aka the Euro. This has the specific purpose of shaking up the status quo & resetting what they knew from the beginning would inevitably become a grossly bloated debt system (by design, to make money, secure natural resources & keep the working masses occupied with survival while scientific advances are made)

At the point we have reached now, there is only one way to go... bust. Throw all the pieces in the hat again, give them a shake, set each of us against the other & reap the profits of the ensuing war. And mark my words... a war there will be! That is also part of the plan... to reduce the similarly bloated numbers of people on the planet.

I really hope there are plenty of Chinese & Russians reading this, because we in the West can bet our asses that they are being set up too... as the enemy in the next fictitious war. Me, I refuse to play! And neither should you that are reading this.
 Quoting: Anonymous Coward 993497


</B>BEST DESCRIPTION ON A MINIMUN WORDS... EVER!</B>
scared
Luvapottamus

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07/19/2011 10:18 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.

I know where I want to go for a vacation!

Don't you hard workers ever need a break?

Go back to vacationing in those places where the people are HAPPY, spend some of your HARD EARNED CASH

Problem SOLVED!

Dumbass nationalists!

The EURO SYSTEM was PAPER THIN to BEGIN WITH.
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Anonymous Coward
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Greece
07/19/2011 10:20 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.
 Quoting: Luvapottamus


[link to stats.oecd.org]
Anonymous Coward
User ID: 1472082
Portugal
07/19/2011 10:23 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
You gotta love TPTB. A real one-trick pony, recycling the same pathetic power plays over & over & over again.

I'm no economist & I don't think I need to be, because here's what I think is happening...

The European Union & single currency were designed by the same club of greedy nihilistic psychopaths that gave us WWI, WWII etc. It was clear even to a total retard that lumping all of the wildly different economies of Europe into the same shitty basket would have one outcome... an unworkable & ultimately catastrophic failure. And that is exactly what is happening, right on schedule & according to plan.
 Quoting: Anonymous Coward 993497

Nope, the EU was created exactly to minimize the nationalism that created those wars. [link to en.wikipedia.org]

Then who gave us WWI was imperialism and the Scramble for Africa, kudos to the British and German Empires.
WOMAN WHO RUNS W/ WOLVES

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07/19/2011 10:33 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Euro vs USA tards,

You're idiots on both sides. Any GLPer should know reported debt figures are complete BS. USA gov't claims 9.2% unemployment and 3% inflation when both figures are over 15% by everyone's estimate besides theirs. Similarly, they claim debt of approximately $15 trillion when Fannie and Freddie have $6 trillion easy, not to mention the $1500 trillion of derivatives debts that were admitted to exist two years ago before QE1 and QE2.

The ONLY question is whether the collapse will be a collapse of the banking families into restored Republics, or the collapse of Republicans into a permanent fascist world empire. Both systems are slated for collapse without politicians stepping forward that are simultaneously not afraid to challenge the banking families and lucky enough to survive long enough to get their ideas out and build public momentum behind them.
 Quoting: Anonymous Coward 1458601


So some "gentlemen" will, not before long now, throw an option on the table...like GO TO WAR and everything will be restored back to how it used to be...

Soon to go hungry? Soon to be homeless? Soon to be unemployed?
GO TO WWIII to save yourself!
What will your braindead lot will say after so much mindwash by the TV and the Media?
Will be jumping up to the opportunity and will grab the gun.


Bye bye America. devil6
 Quoting: Anonymous Coward 1238394



It would be very interesting to see how this could trigger WW3.

We are 'due' for a World War...and it would fit in with the whole 2012 thing as well.

Interesting times...
 Quoting: Anonymous Coward 1144175


WW3 has already started in the middle east, ever since Iraq it has done nothing but escalate.
The process has begun
Anonymous Coward
User ID: 1472082
Portugal
07/19/2011 10:36 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.

I know where I want to go for a vacation!

Don't you hard workers ever need a break?

Go back to vacationing in those places where the people are HAPPY, spend some of your HARD EARNED CASH
 Quoting: Luvapottamus

Hard work in Northern Europe? Quit shitting me!
WOMAN WHO RUNS W/ WOLVES

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07/19/2011 10:37 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Are we at that part of the titanic movie where Jack tells Rose to hold her breath?
 Quoting: Anonymous Coward 1427887


bump
The process has begun
WOMAN WHO RUNS W/ WOLVES

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07/19/2011 10:38 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
'...Europe's leaders have finally run out of time. If they fail to agree on some form of debt pooling and shared fiscal destiny at Thursday's emergency summit, they risk a full-fledged run on South Europe's bond markets and a disorderly collapse of monetary union...'

AEP knows full well the "shared fiscal destiny" will not be forced down the throats of the population.

Sure, the politicians will jaw jaw about it, but imagine the situation where your countries whole fiscal independence were to be removed, because that is what they are talking about.

This WILL force people into direct confrontation with their governments.

Bring it on.
 Quoting: Anonymous Coward 1473733


I think that's what they are looking forward too.
The process has begun
WOMAN WHO RUNS W/ WOLVES

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07/19/2011 10:42 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This will be great for the US dollar and US markets. Not so much for EU though. Thanks god we were able to shift the burden of our mortgage collapse overseas. Genius.
 Quoting: Anonymous Coward 1196210


Er... do you have any IDEA just how exposed US banks are to a Eurozone collapse? I think its in trillions...

[link to streetlightblog.blogspot.com]

'...2. The aggregate CDS exposures of the big US banks are certainly large enough to be plausibly consistent with the BIS estimate of about $100 bn in indirect exposures to peripheral Europe. If you add up the highlighted numbers (and make a guess at Citi's position), it seems reasonable to guess that the total net open positions on CDS protection sold to third parties by the big US banks is between $1,500 and $2,000billion. Attributing $35 bn of that (about 2%) to Greece, which has certainly had one of the most active markets (proportionally) for CDS contracts over the past year, doesn't seem to be a stretch...'

If the Eurozone goes down, so do you.
 Quoting: Intentionally Blank



It's all one big speculative debt circle-jerk.

Look towards Iceland for the example of what to do.
 Quoting: Luvapottamus


I be careful if I were them cause that volcano can be made to go off if they piss the PTB too much.
The process has begun
Luvapottamus

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07/19/2011 10:42 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
You gotta love TPTB. A real one-trick pony, recycling the same pathetic power plays over & over & over again.

I'm no economist & I don't think I need to be, because here's what I think is happening...

The European Union & single currency were designed by the same club of greedy nihilistic psychopaths that gave us WWI, WWII etc. It was clear even to a total retard that lumping all of the wildly different economies of Europe into the same shitty basket would have one outcome... an unworkable & ultimately catastrophic failure. And that is exactly what is happening, right on schedule & according to plan.

Why? To create total chaos (Ordo Ab Chao isn't just some hoodoo- voodoo Cabalistic saying); they want total financial collapse not just of the European market but of the US & Far Eastern economies too. The only way to topple the the latter two is by driving a wedge into the works aka the Euro. This has the specific purpose of shaking up the status quo & resetting what they knew from the beginning would inevitably become a grossly bloated debt system (by design, to make money, secure natural resources & keep the working masses occupied with survival while scientific advances are made)

At the point we have reached now, there is only one way to go... bust. Throw all the pieces in the hat again, give them a shake, set each of us against the other & reap the profits of the ensuing war. And mark my words... a war there will be! That is also part of the plan... to reduce the similarly bloated numbers of people on the planet.

I really hope there are plenty of Chinese & Russians reading this, because we in the West can bet our asses that they are being set up too... as the enemy in the next fictitious war. Me, I refuse to play! And neither should you that are reading this.
 Quoting: Anonymous Coward 993497


clappa
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
WOMAN WHO RUNS W/ WOLVES

User ID: 1428070
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07/19/2011 10:45 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
No way on this earth will this ever be allowed to happen because of the implications of violent riots and mass mayhem , thi will and cannot happen take my owrd for it when they come to an agrement by thursday or at least on thursday, your making something out of nothing fucking retard. TAKE HEED THIS WILL AND CANNOT BE POSSIBLE AND WON'T HAPPEN ITS ALREADY BEEN SORTED BUT THE NEWS AS YET TO BE RELEASED TO YOU ARSEHOLES THE SHEEPLE, TRUST ME I KNOW WATCH AND SEE AND THEN COME BACK AND SAY I WAS RIGHT , GOD YOUR SUCH MORONS.
 Quoting: Anonymous Coward 1474120


Pure denial. It's coming folks and won't stop in Europe.
 Quoting: DeadBeacon


This is where it starts. I'm bringing the tomato plants in.
 Quoting: Anonymous Coward 1474305


you and your tomatoes!!!
The process has begun
Luvapottamus

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United States
07/19/2011 10:52 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.
 Quoting: Luvapottamus


[link to stats.oecd.org]
 Quoting: Anonymous Coward 1474592


I wish I could embed that chart. Thank you!

hf
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Anonymous Coward
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Australia
07/19/2011 10:55 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Germany will rise again
 Quoting: Anonymous Coward 1429815


You might not be too far off the Mark (no pun intended)

If Europe's financial salvation rests in Germany's hands, then the Germans call the shots.

If the EU is saved by Germany, the EU owes them.

If the EU falls apart, the Germans will be forced to take a much stronger position.

In fact, it's possible that this could lead to a renewed sense of ultranationalism in Germany.

Think about it. Merkel said last year that "multiculturalism has failed".

Now they're about to say "European unity has failed".

That leaves them one logical option.

Dominate.

It's always been their destiny.
Elenin

User ID: 1468191
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07/19/2011 11:00 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
If it happens, it's been planned, and there's absolutely nothing any of us can do to stop it.


So, if it does happen, everyone with a good stash of pre-Fukushima organic food and potable spring water is welcome to email me their location.


In case the internet is permanently down, just send up some smoke signals in the general direction of Atlantic Canada.


I'll bring the marshmallows. And a cat.


Much obliged.

grinning
 Quoting: Anonymous Coward 1474349


You'll bring marshmallows and extra food along for my dogs?
How thoughtful!

hf

Last Edited by Elenin on 07/20/2011 12:20 AM
Elenin

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07/19/2011 11:13 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
If it happens, it's been planned, and there's absolutely nothing any of us can do to stop it.


So, if it does happen, everyone with a good stash of pre-Fukushima organic food and potable spring water is welcome to email me their location.


In case the internet is permanently down, just send up some smoke signals in the general direction of Atlantic Canada.


I'll bring the marshmallows. And a cat.


Much obliged.

grinning
 Quoting: Anonymous Coward 1474349




You don't have to go far. We are in NS and i would say pretty good prepared.... (the scenario that will happen over the next years was the reason we got here from Germany 4 years ago: We wanted to get away from dense populated areas, though we thought we are gonna have more time here in NS before TSHTF!)
 Quoting: madmanNS 1474361


St. Johns!!!

chorus
Luvapottamus

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07/19/2011 11:19 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Germany will rise again
 Quoting: Anonymous Coward 1429815


You might not be too far off the Mark (no pun intended)

If Europe's financial salvation rests in Germany's hands, then the Germans call the shots.

If the EU is saved by Germany, the EU owes them.

If the EU falls apart, the Germans will be forced to take a much stronger position.

In fact, it's possible that this could lead to a renewed sense of ultranationalism in Germany.

Think about it. Merkel said last year that "multiculturalism has failed".

Now they're about to say "European unity has failed".

That leaves them one logical option.

Dominate.

It's always been their destiny.
 Quoting: Anonymous Coward 1286880


hitler

I hope they don't fall for that again. Come on now.

Is that YOU Rupert?

Last Edited by Luvapottamus on 07/19/2011 11:19 PM
"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Anonymous Coward
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07/19/2011 11:22 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
'...The International Monetary Fund said there is now "serious risk" of eurozone contagion with "large" potential knock-on effects worldwide.

"Market participants remain unconvinced that a sustainable solution is at hand," it said.



If you're in Europe, I recommend you get your savings somewhere safe right now.
 Quoting: Intentionally Blank


Ah, there is nowhere safe for finances - the Europeans are the ones extending credit to debt ridden America - if Europe fails, whose gonna loan us any money?

If Europe fails, America will be right there beside her, along with the rest of the world...
 Quoting: Anonymous Coward 275709

Yep. We're all going down together.
Luvapottamus

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07/19/2011 11:30 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse

"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects."
- Robert Heinlein, Time Enough for Love
Elenin

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07/19/2011 11:38 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Greece Bonds Collapse, Interest Rates Surge To Near 40% As ECB Announces They Will Allow "Temporary Default"

[link to blog.alexanderhiggins.com]
 Quoting: Anonymous Coward 1430231


Holy shit.

bump
Elenin

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07/19/2011 11:43 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
A comment to the article:

Reason is simple; the British media obsess with Europe because the only way the US/UK can avoid total implosion of the bankrupt Anglosphere financial economy is by attempting to trigger a currency crisis in a rival region like the Eurozone.

The US is completely bankrupt; there is no way out ; this year they will run a $ 2 trillion deficit ; their debt is $ 14 trillion and they have $ 114 trillion unfunded liabilities.

The US regime is fighting 5 losing wars in AfPak,Iraq, Libya and Yemen and 50% of all US states including California are bankrupt.

The US/UK are desperate therefore to avoid the total implosion of their ponzi scheme financial system; they are desperately attempting to trigger a financial collapse in a rival to trigger fund flows into their bankrupt financial system.

This is why every European should understand that the number 1 national security threat to all Europeans is the financial terror orchestrated by the US/UK and launched via their armies of US Credit ratings agencies, US/UK news agencies and US/UK hedge funds.

The US Credit ratings agencies, US/UK news agencies and US/UK hedge funds are engaged in full blown financial terror against Europe in a desperate attempt to trigger a collapse to send fund flows into the bankrupt anglosphere.
 Quoting: Anonymous Coward 1472082


Interesting. Possible.
 Quoting: Anonymous Coward 1462325


Agreed, very possible. But keep in mind the US/UK angloshpere knows no borders, color or race for its members.Or ethics.

My 2 cents.
Elenin

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07/19/2011 11:44 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
For those who blame welfare and food stamps, the human trash, for the collapse, and want such people to die, you know people would have jobs if it wasn't for outsourcing, illegal immigration, letting uneducated immigrants in, letting in people in high tech work visas, they could have built a strong infrastructure if they hadn't spent so much money on substitutes for corporations, corporate welfare, foreign aid, funding the UN, fighting wars. Sure there are people who take advantage of the system, but not on the same level as those who buy the best government money can buy. The unregulated bankers and investors who ran wild and gambled away the economy and left the tax payers to pay off the debt, those are the people responsible.
 Quoting: Anonymous Coward 1468364


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General Troll, US Shillitary

User ID: 1010978
United States
07/19/2011 11:48 PM
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Re: Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
This is all so stupid. PIIGS.

If the Greeks, and Spanish, and Portugal, Ireland etc, are "lazy", and we can throw in another stereotype, drunks, they're probably DAMN good at it.
 Quoting: Luvapottamus


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 Quoting: Anonymous Coward 1474592


Damn. The Chilean people are some harworking mofo's
"What you have just said, is the most insanely idiotic thing I have ever heard. At no point, in your rambling incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points and may God have mercy on your soul."

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