£1.75 Trillion Deal To Save The Euro!

• This is just a new scam the Illuminists came up with for the total bankrupting of all Eurozone countries. The lynch pin of the Eurozone: Germany will be bankrupted with this move. Private bankster debts have been socialized since 2008. The debts have been shove down the throat of the public. Greece will default and trigger the falling dominoes. This is a planned global economic, financial and monetary collapse. Got physical gold yet? It is a great time to buy!
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  £1.75 trillion deal to save the euro
  By Patrick Hennessy, http://www.telegraph.co.uk/
  British taxpayers risk being caught up in a £1.75trillion deal aimed at saving   the euro by allowing Greece to default on its massive debts.
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  The three-pronged deal would set up a massive fund to create a “firewall” around the most indebted eurozone countries, allow for an “orderly” Greek default on at least some of its liabilities, and bail out European banks most at risk from debt.
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  German and French officials came up with the strategy which aims to end the eurozone’s sovereign debt crisis before it spirals completely out of control, plunging the world back into recession.
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  The eurozone deal, being brokered by the G20 group of nations, would seek to “ring fence” the crisis around Greece, Portugal and Ireland – preventing it from spreading to major EU economies such as Italy and Spain.
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  It would involve the bailing out those European banks – mostly French – most at risk from their massive lendings to tottering economies. Greece, crucially, would be able to default on at least some of its more than £300billion debts but remain inside the eurozone. The Greek government’s private creditors would bear most of the increased costs.
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  At this stage, a new bail-out programme would be devised for Greece – with cash coming at least in part from the International Monetary Fund, in which Britain holds a 4.5 per cent stake. This could mean British taxpayers paying out more than the £1billion they are already slated to have to contribute under the terms of the first Greek   bailout fund.
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  Britain is not a member of the European Financial Stability Fund (EFSF) – which was set up last year to “preserve financial stability of Europe’s monetary union” by providing temporary financial assistance to eurozone countries in difficulty.
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  Most of the money in the new rescue package would come from the EFSF – limiting Britain’s involvement. The fund is currently valued at £350billion, but would need much more cash pumped into it from its members states. Britain’s banks, moreover, are not among the most exposed to Greek debt.
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  The deal would also use cash to buy up the government bonds issued by Italy and Spain – which are currently going unsold and adding to the peril surrounding the eurozone’s third and fourth largest economies.
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  In total it would amount to euro 2 trillion – £1.75 trillion.
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  … for the full article click here!

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