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Sacre Bleu! France Collapses Right as Spain, Italy and Greece Become Embroiled in Corruption Scandals

 
waht
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User ID: 24118278
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02/07/2013 09:09 AM
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Sacre Bleu! France Collapses Right as Spain, Italy and Greece Become Embroiled in Corruption Scandals
The house of cards that is Europe is close to collapsing as those widely held responsible for solving the Crisis (Prime Ministers, Treasurers and ECB head Mario Draghi) have all been recently implicated in corruption scandals.



Those EU leaders who have yet to be implicated in scandals are not faring much better than their more corrupt counterparts. In France, socialist Prime Minister Francois Hollande, has proven yet again that socialism doesn’t work by chasing after the wealthy and trying to grow France’s public sector… when the public sector already accounts for 56% of French employment.



France was already suffering from a lack of competitiveness. Now that wealthy businesspeople are fleeing the country (meaning investment will dry up), the economy has begun to positively implode....


Read more at [link to investmentwatchblog.com]


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Crazy Harriet

User ID: 16501830
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02/07/2013 11:23 AM

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Re: Sacre Bleu! France Collapses Right as Spain, Italy and Greece Become Embroiled in Corruption Scandals
The only reason that makes sense that the money powers keep using the same unworkable tricks is that they short the markets in advance and then let it melt down until no longer profitable then pull out the other side and go long again.

This has been going on SO LONG and yet it's so obviously unworkable.

The people are squeezed both ways like a worn-out washcloth.

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Last Edited by Crazy Harriet on 02/07/2013 11:23 AM
It is unwise to be too sure of one's own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err. Mahatma Ghandi

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