George Soros: Three Months To Save The Euro!
- George Soros has just given us the global currency collapse countdown! Soros (Committee of 300) is giving ‘snake’ speak. He is telling us that the world has only 90 days before the collapse of the Euro. There is no real intention of saving the Euro by the western Illuminati. All we see/read in the western MSM are political theatre for sheeple consumption. Subtlety and deception are the methods. The plan is to drive the world to a One World Currency backed by gold and a Global Supra-National Central Bank (very likely a IMF 2.0) ! How do you get countries to give up their national currencies and accept a One World Currency? By destroying all fiat currencies via hyper-inflation, global monetary crisis!
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George Soros says three months to save the euro!
by http://www.bbc.co.uk/news/
Billionaire investor George Soros has warned European leaders they have a “three-month window” to save the euro.
He said he believed Greece would elect a government willing to abide by loan conditions imposed by the EU in this month’s elections. But he said the German economy would begin to weaken in the autumn, making it much harder for Chancellor Angela Merkel to provide further support.
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He said leaders did not understand “the nature of the crisis”. He said that while European leaders were focusing on debt levels, the crisis was “more of a banking problem and a problem of competitiveness”. For this reason, he said, they had “applied the wrong remedy”.
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“You cannot reduce the debt burden by shrinking the economy, only by growing your way out of it,” he added. Mr Soros, speaking at a conference in Italy, was referring to the drastic austerity measures that have been implemented across Europe, measures that are now being questioned by a growing number of politicians and commentators.
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Weaker Germany
Without policies to boost growth, which would enable governments to raise revenue to pay down debt, Mr Soros said time was running out for the euro.
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“I expect the Greek public will be sufficiently frightened by the prospect of expulsion from the EU that it will give a narrow majority of seats to a coalition that is ready to abide by the current [bailout] agreement,” he said. However, this would provide only temporary respite, he warned, as the German public becomes less willing to continue bailing out its weaker European neighbours.
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“The crisis is likely to come to a climax in the [autumn]. By that time, the German economy will also be weakening, so that Chancellor Merkel will find it even more difficult than today to persuade the German public to accept any additional European responsibilities.
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“That is what creates a three-month window.”
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