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Message Subject Breaking News * Urgent * Telegraph: EU On Verge of Systemic Economic Collapse
Poster Handle Anonymous Coward
Post Content
The Slow Fuse Will Keep Burning Through July

July 18, 2011

"Although it is impossible to predict exactly how the smoke will twirl off the end of a cigarette, you can predict with certainty that eventually the smoke will be evenly distributed throughout the room. In the same way, while it is impossible to predict the individual twists and turns of the collapse of the Federal Reserve Board and the Western financial system, the end game is not in doubt. In this case, a look at the macro numbers, such things as balance of payments, external debt, tax revenue etc. show clearly that the fall of small dominoes like Greece will lead inevitably to the big Kahuna: the United States.

For now though, the order of collapse appears to be as follows: Greece, Ireland, the Baltic States, Spain, Italy, France and finally the United States. Have no doubt, there is money in the rest of the world to help these countries rebuild and restructure their economies. The rest of the world is also willing and eager to help. However, as a precondition for this help, these countries need to fundamentally change their behavior. So far, they seem too arrogant to understand the reality that they are no longer in charge of the global show. They no longer have the money to pay the actors."

[link to eclinik.wordpress.com]
 
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