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Here it comes: European Bankers and Top Politicians Fear Collapse of the Euro!!
08-12-2012, 11:49 AM #1
Jed Member
Posts:230 Threads:40 Joined:Mar 2012
Quote:"Until recently, it was a sign of political correctness not even to consider the possibility of a euro collapse. Investment experts at Deutsche Bank -- Germany's largest bank -- now feel that a collapse of the common currency is "a very likely scenario."

"The World Bank has also warned that the euro collapse could spark a global crisis. It isn't easy to predict how such a tornado would affect the global economy, but it's clear that the damage would be immense."
http://www.marketoracle.co.uk/Article36002.html

They's finally fessin' up. This game
is finally comin' to an end.
I reckon this here's the first step
toward a real rough spot, as if things
ain't bad enough already.
Ain't gonna' do nothin' positive fer
my greenbacks neither.
This here's what DHS has been prepin'
for. They're gonna' crash the currency,
start WWIII and martial law all at the
same time.
I hope I'm wrong about this.
08-12-2012, 12:14 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,393 Threads:1,439 Joined:Feb 2011
damned.gif Great post Jed. hi5.gif We all knew this was coming, at least they are finally admitting imminent defeat. Going to be a very interesting week ahead.

wonder.gif
08-12-2012, 02:19 PM #3
Octo Mother Superior
Posts:42,992 Threads:1,473 Joined:Feb 2011
I'm amazed they have managed to drag it out this long. 13.gif
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08-12-2012, 03:00 PM #4
Anonymous Kritter Incognito Anonymous
 
I agree Jed, perfect timing for Martial law.
08-12-2012, 07:19 PM #5
Upāsaka Member
Posts:1,383 Threads:252 Joined:Feb 2011

Now the olympic games is over, time for the hunger games? Unless your from Africa where that card has been in play for a while now.

Expect an October Surprise, just like the last engineered market crash, which would have totaled the world economy if it were for those peskey central bankers, "printing" trillions.

As long as the central bankers can print ,they will.
08-12-2012, 09:08 PM #6
Octo Mother Superior
Posts:42,992 Threads:1,473 Joined:Feb 2011
Food prices are going to surge here shortly so stock up as much as you can.
08-13-2012, 08:47 AM #7
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
Exclusive: U.S. banks told to make plans for preventing collapse

Quote:Reuters) - U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help.

The two-year-old program, which has been largely secret until now, is in addition to the "living wills" the banks crafted to help regulators dismantle them if they actually do fail. It shows how hard regulators are working to ensure that banks have plans for worst-case scenarios and can act rationally in times of distress.

http://www.chicagotribune.com/business/s...6538.story

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