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it will start in Europe

 
YaRight
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User ID: 1219589
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09/01/2011 09:26 AM
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it will start in Europe
People it will start in Europe

Source
[link to www.europeanvoice.com]

Less than 50%

There was more to come. As the end of August approached, just as the markets were beginning to calm down, another problem emerged. This time it was back to the politics of the 21 July agreement.
A bilateral deal was struck that would see Finland receive collateral from Greece in return for its participation in the bail-out. Despite this being expressly permitted in the conclusions of the summit (and indeed it was a deal-breaker for the Finns), it did not go down well with other governments, some of whom said that if Finland could get such an arrangement then so should they.
Moody's, a credit-rating agency, wearily warned that “if more and more of the rescuing countries end up making collateral demands, Greece will not be able to fully meet them, thus jeopardising the rescue plan”. Now it looks as if other member states will block the move anyway.
The summit on 21 July was supposed to be the beginning of the end of the crisis. Measures hitherto considered taboo because of political sensitivities were finally agreed upon and the mood was positive. But the events of the past six weeks have demonstrated that politicians have still not got a grip on this crisis. Analysts are still talking about the need to double or treble the size of the European Financial Stability Facility and urging the introduction of eurobonds just as they were before.
A lack of decisiveness, plain-speaking, courage and co-ordination immediately before and during the summer break has left the eurozone looking as vulnerable as ever.




Source

[link to www.voxeu.org]

Less than 50%

In this crisis, Eurozone leaders’ motto seems to be “too little too late”.
They got it badly wrong the first weekend in May 2010.
Having announced that they had saved Greece, financial markets said “not good enough”. The next weekend they came up with a more substantial plan, but even this proved to be too little too late.
After months of living in denial, Eurozone leaders finally recognised that Greece was not going to be able to restart borrowing on its own. They came up with another plan. On 21 July 2011, they got it badly wrong again. Financial markets are again said “not good enough”.
On August 16 Chancellor Merkel and President Sarkozy held a widely-trumpeted “summit” to announce decisions that were either irrelevant or misguided. Stock markets around the world said “not good enough”. Even more ominously, the interbank market is seizing up, as it did in 2007 on the way to the Lehman disaster.




I always thought this “shell game” the world is playing with would start here in the states but the more I learn the more I read I feel it will start in Europe. One of the things all most all analysis say is “ just one major disaster ..one major hic up” and boom down it goes.
The most terrifying words in the English language are: I'm from the government and I'm here to help.
YaRight (OP)

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09/01/2011 09:29 AM
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Re: it will start in Europe
One more link to read if you’re interested





[link to www.voxeu.org]
The most terrifying words in the English language are: I'm from the government and I'm here to help.
alexisj9

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09/01/2011 09:34 AM

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Re: it will start in Europe
How can it start in Europe, when this was all started by the corrupt American bankers a few years back. We are all still rebounding/failing to rebound from that.
YaRight (OP)

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09/01/2011 09:36 AM
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Re: it will start in Europe
Simple…… the Euro engine Germany is out of steam, who do you think was buying all of Spain’s bonds? And all the others that sold high yield bond? Germany bought them all

Last Edited by YaRight on 09/01/2011 09:37 AM
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
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09/01/2011 09:37 AM
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Re: it will start in Europe
It started earlier, man.
Years before!
And all about the fucking banksters!
YaRight (OP)

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09/01/2011 09:38 AM
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Re: it will start in Europe
Also the politicians over there are no better then the one we have here…none I repeat none of them will make any of the much needed hard choices
The most terrifying words in the English language are: I'm from the government and I'm here to help.
YaRight (OP)

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09/01/2011 09:39 AM
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Re: it will start in Europe
It started earlier, man.
Years before!
And all about the fucking banksters!
 Quoting: Anonymous Coward 1530646


dude I agree with you, it started years ago.
The most terrifying words in the English language are: I'm from the government and I'm here to help.
alexisj9

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09/01/2011 09:43 AM

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Re: it will start in Europe
Also the politicians over there are no better then the one we have here…none I repeat none of them will make any of the much needed hard choices
 Quoting: YaRight


Ours tried but the problem is the people don't like it, what do you recon our riots were/are about.
Anonymous Coward
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09/01/2011 09:46 AM
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Re: it will start in Europe
The US wants it to start in Europe. That way they can blame us for their own downfall!
YaRight (OP)

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09/01/2011 09:46 AM
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Re: it will start in Europe
I saw that and I feel I will see it here because that’s the only way out of this mess. Everybody rich poor in the middle will need to feel some pain
The most terrifying words in the English language are: I'm from the government and I'm here to help.
YaRight (OP)

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09/01/2011 09:48 AM
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Re: it will start in Europe
The US wants it to start in Europe. That way they can blame us for their own downfall!
 Quoting: Vierkantebroek


LOL I don’t think so, they can’t think we are that dumb…. I think anybody here in the states with a working brain cell knows…we are F%$ked lmao so blaming Europe for our fall wont work. I think it will just start there first
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
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09/01/2011 09:52 AM
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Re: it will start in Europe
The US wants it to start in Europe. That way they can blame us for their own downfall!
 Quoting: Vierkantebroek


LOL I don’t think so, they can’t think we are that dumb…. I think anybody here in the states with a working brain cell knows…we are F%$ked lmao so blaming Europe for our fall wont work. I think it will just start there first
 Quoting: YaRight


There's your problem, you assume you have people with working braincells! You bet they will blame us and the sheeple in the US will believe it!
GeekOfTheWeek

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09/01/2011 09:55 AM
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Re: it will start in Europe
That's some true craziness... Insanity on a global scale.
I love physics. It bonds us eternally, it's what makes our computers work, it's what's in my morning cup of coffee, it's the thing that keeps the universe from vanishing due to lack of belief...
YaRight (OP)

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09/01/2011 09:56 AM
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Re: it will start in Europe
The US wants it to start in Europe. That way they can blame us for their own downfall!
 Quoting: Vierkantebroek


LOL I don’t think so, they can’t think we are that dumb…. I think anybody here in the states with a working brain cell knows…we are F%$ked lmao so blaming Europe for our fall wont work. I think it will just start there first
 Quoting: YaRight


There's your problem, you assume you have people with working braincells! You bet they will blame us and the sheeple in the US will believe it!
 Quoting: Vierkantebroek


You may be right there are A LOT of brain dead people here but then again look at the site you are posting on right now…. Where is it from? Yup the states so some of us are using our brains
The most terrifying words in the English language are: I'm from the government and I'm here to help.
MARTIAL LAW

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09/01/2011 10:01 AM
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Re: it will start in Europe
colorbump

It's going down...soon.
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
YaRight (OP)

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09/01/2011 10:04 AM
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Re: it will start in Europe
Historically October is the worst month for the markets…any date come to mine? 10/28
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
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09/01/2011 10:05 AM
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Re: it will start in Europe
Good Ole Glenjiman Beck told me this a loooong time ago...as controllede as he may be. the man was always right.....
Mokujin

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09/01/2011 10:06 AM
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Re: it will start in Europe
Actually, I can't wait for the financial SHTF Scenario.

This is our Chance to get back to Natural lifestyle
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Today, a young Man on Acid realized that we are all one Consciousness, experiencing itself subjectively. There is no such Thing as Death, Life is only a Dream and we are the Imagination of ourselves.
YaRight (OP)

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09/01/2011 10:18 AM
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Re: it will start in Europe
Actually, I can't wait for the financial SHTF Scenario.

This is our Chance to get back to Natural lifestyle
 Quoting: Mokujin


I think I am with you on that…. I don’t want to see the pain this will cause but we can’t keep going like we are. For a long time sense the early 80,s the world our society feels off ..like we went in the wrong direction.

Thursday our PRES will make a speech and I guarantee you he will ask for more spending thus increasing our debt. The republicans will call fowl and we will have grid lock the markets will drive but not implode I feel it will take a big event to trigger the fall
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Patrick Bateman

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09/01/2011 10:25 AM
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Re: it will start in Europe
How can it start in Europe, when this was all started by the corrupt American bankers a few years back. We are all still rebounding/failing to rebound from that.
 Quoting: alexisj9


they are international bankers
Anonymous Coward
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09/01/2011 10:35 AM
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Re: it will start in Europe
There's enough money said Trichet(Europes Bernanke),the ECB will support those countries in need.
In other words...be prepared..crash coming!
Revbo™
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09/01/2011 10:36 AM

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Re: it will start in Europe
colorbump

It's going down...soon.
 Quoting: MARTIAL LAW


It needs to get off its ass and get on with it.
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
Major Dundee

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09/01/2011 10:45 AM
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Re: it will start in Europe
The system was designed to fail ....
Major Dundee
Pace Maker

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09/01/2011 10:58 AM
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Re: it will start in Europe
The system was designed to fail ....
 Quoting: Major Dundee


im sure that was NOT what the forefathers planned for guy.
Hang
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Not
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Accelerating

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rawmodel
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09/01/2011 11:08 AM
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Re: it will start in Europe
The system was designed to fail ....
 Quoting: Major Dundee


im sure that was NOT what the forefathers planned for guy.
 Quoting: Pace Maker


maybe not the US forefathers, but perhaps instead..the people who took over when the Fed was established? They are managing the herd...
Anonymous Coward
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09/01/2011 11:09 AM
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Re: it will start in Europe
How can it start in Europe, when this was all started by the corrupt American bankers a few years back. We are all still rebounding/failing to rebound from that.
 Quoting: alexisj9


It started with people like Obama forcing banks to give loans to unemployed blacks. fact.
YaRight (OP)

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09/01/2011 11:11 AM
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Re: it will start in Europe
The system was designed to fail ....
 Quoting: Major Dundee


im sure that was NOT what the forefathers planned for guy.
 Quoting: Pace Maker


maybe not the US forefathers, but perhaps instead..the people who took over when the Fed was established? They are managing the herd...
 Quoting: rawmodel 1530838


If they keep spending then yes I agree they want it to fail
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
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09/01/2011 11:13 AM
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Re: it will start in Europe
How can it start in Europe, when this was all started by the corrupt American bankers a few years back. We are all still rebounding/failing to rebound from that.
 Quoting: alexisj9


It started with people like Obama forcing banks to give loans to unemployed blacks. fact.
 Quoting: Anonymous Coward 959838



LOL, yeah man, sure... You sir don't know sh*t!
Anonymous Coward
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09/01/2011 11:15 AM
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Re: it will start in Europe
How can it start in Europe, when this was all started by the corrupt American bankers a few years back. We are all still rebounding/failing to rebound from that.
 Quoting: alexisj9


you are a fucking idiot
YaRight (OP)

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09/01/2011 11:16 AM
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Re: it will start in Europe
How can it start in Europe, when this was all started by the corrupt American bankers a few years back. We are all still rebounding/failing to rebound from that.
 Quoting: alexisj9


It started with people like Obama forcing banks to give loans to unemployed blacks. fact.
 Quoting: Anonymous Coward 959838


No my friend it started way earlier

Passed in 1977 signed into law under the peanut farmer Jimmy Carter. Touted as a law to stop banks from praying on poor people in inner citys then morphed into “ yes you can have a loan at 130% of the value of your home…and….wait for it….. cash out …get some of your home equinity out at 120% of the value of your house
The most terrifying words in the English language are: I'm from the government and I'm here to help.
Anonymous Coward
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09/01/2011 11:21 AM
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Re: it will start in Europe
The US wants it to start in Europe. That way they can blame us for their own downfall!
 Quoting: Vierkantebroek


LOL I don’t think so, they can’t think we are that dumb…. I think anybody here in the states with a working brain cell knows…we are F%$ked lmao so blaming Europe for our fall wont work. I think it will just start there first
 Quoting: YaRight


There's your problem, you assume you have people with working braincells! You bet they will blame us and the sheeple in the US will believe it!
 Quoting: Vierkantebroek


i agree with you..the american sheeple will believe it was europe only if the MSM says it so.

i've even heard people at work blaming all the financial woes on europe because CNN said it so that day, even though they don't even know the USA is fucked too.

really.

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