Socio-Economics History Blog
Socio-Economics History Blog
[youtube=http://www.youtube.com/watch?v=KOev64QhhxQ] The era of bailouts has come to a close. In this report we review how Spain exposed that the financial system is in fact collapsing at a rate faster than can be dealt with. Now the talk of the town is, before any official announcement of Spain’s promised 100 billion euro rescue: “Does Italy, …
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The Euro will collapse! The global economic, financial and monetary collapse will start in the PIIGS, spread to the rest of Europe, UK, Japan ….. and finally America! All fiat currencies will go down the toilet bowl of currency debasement! Got physical gold yet? – EU discusses ‘limiting ATM withdrawals’! by http://www.irishtimes.com/ European finance officials …
Europe Unprepared as Euro Crisis Deepens! by Stefan Kaiser, http://www.spiegel.de/ The Next Domino The weekend announcement that Spanish banks would be bailed out briefly drove up markets around the world. But optimism was short lived. The euro crisis is rapidly intensifying and Europe is not prepared. – The Asian markets are something of a canary …
We Are Within Months of This Crisis Blowing Wide Open! by www.kingworldnews.com Four-decade veteran John Hathaway told King World News, “we are within months … from this thing blowing wide open. When that happens, money will look to find whatever it can in order to participate.” The prolific manager of the Tocqueville Gold Fund also …
We Will Now See Extreme Turbulence in Global Markets! by www.kingworldnews.com Today top Citibank analyst, Tom Fitzpatrick, warned that despite the initial enthusiasm surrounding the Spanish bank bailout, “this is yet another over-promise, under-deliver dynamic coming out of Europe.” Fitzpatrick, a 28 year veteran and top analyst at Citibank, which has $1.3 trillion in assets, …
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