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Author Topic: Is the EU Going to Topple?  (Read 110452 times)

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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #220 on: May 23, 2012, 12:26:14 PM »
Can you locate a good path, a clean exit?  Heck, missing a few other paths in there maybe, like military coup...civil war...



H/T ZH - http://www.zerohedge.com/news/flowcharting-eurocalypse
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #221 on: May 29, 2012, 02:19:17 PM »
Plan G, G for Germany, G for Gold...grab zee gold!

http://www.zerohedge.com/news/germany-has-generous-proposal-broke-piigs-cash-gold

And the prospect of having gold seized is not going over well for the other PIIGS as you can imagine!



PS - Liberty 33 refers of course to NY Fed!
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #222 on: May 31, 2012, 07:06:08 AM »
Flocking to the dollar & yen, not because they are necessarily "better", only because others are so much more worse...

http://finviz.com/futures_charts.ashx?t=CURRENCIES&p=d1
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charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #223 on: May 31, 2012, 10:22:04 AM »

Amazing and clicking weekly looks worse.

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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #224 on: May 31, 2012, 11:50:30 AM »
Yup, probably continue a while longer, then Bendover Benny will print like a demon on holiday and we can enjoy some temporary hopium before our floor drops beneath us...
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Offline BMG

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Re: Is the EU Going to Topple?
« Reply #225 on: June 03, 2012, 08:06:12 PM »
LINK

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The euro has essentially broken down as a viable economic and political undertaking. The latest rush of events reeks of impending denouement.

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"Let’s not delude ourselves: If the euro falls apart, so will the European Union, triggering a global economic crisis on a scale that most people alive today have never experienced," he said.

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Germany can break the logjam at any time by agreeing to fiscal union, debt-pooling and full mobilization of the ECB, with all that this implies for its democracy. The answer from Chancellor Angela Merkel over the weekend was "under no circumstances". In that case, prepare for the consequences.
 
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Offline trapeze

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Re: Is the EU Going to Topple?
« Reply #226 on: June 03, 2012, 09:03:08 PM »
As I have said somewhere else (probably on this thread), wars have been started over issues such as these.

I sure wish that we didn't suck as a country right now.
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #227 on: June 03, 2012, 09:52:18 PM »
Yeah, what are the odds that things don't unravel until we can get a new Admin?

 ::facepalm::
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charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #228 on: June 04, 2012, 12:29:53 AM »


Quote
Quote
Germany can break the logjam at any time by agreeing to fiscal union, debt-pooling and full mobilization of the ECB, with all that this implies for its democracy. The answer from Chancellor Angela Merkel over the weekend was "under no circumstances". In that case, prepare for the consequences.

SSDD,  it's the rich,  it's GWB,  it's Germany,  yeah, it's their fault.  They are dependable, they are predictable, they played by the rules and didn't squander themselves, it's their fault let's get them.  It's 1939 same song but Germany has not much military and glad Vlad, I must believe, is sitting in the wings waiting for Europe to feast upon itself.  Personally, I hope Germany, Poland and the eastern democracies are having meetings and making private treaties.

 
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #229 on: June 04, 2012, 07:19:57 AM »
The time has arrived where the leftists are running out of they/them to blame...

We are entering the phase where reality is not optional...and where the desperate get really nucking futs!
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #230 on: June 11, 2012, 07:32:07 AM »
This is good - "doomed to fail"!

http://www.zerohedge.com/news/farage-spanish-bailout-reinforcement-failure

Yup.  But stupidity marches on!

http://www.zerohedge.com/news/newedge-spanish-people-may-regret-bailout

On your knees, Spanish dog!

Yeah, this will end well!

 ::)
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charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #231 on: June 11, 2012, 09:59:23 AM »

                 or

We are not Uganda.

Of course not, it wasn't their bonds Nigeria dumped.

 ::rolllaughing::
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Offline robins111

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Re: Is the EU Going to Topple?
« Reply #232 on: June 11, 2012, 12:46:09 PM »
Someone should start a pool like a football pool, based on the date the Euro-trash bite the dust...   I don't give them the end of august..  so my pick is Aug. 31.
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #233 on: June 11, 2012, 01:00:05 PM »
I'll take the cycnical view it won't happen until Romney takes office, could be 1-21-13 for all I know and before Mitt could be unpacked the Democrat-Media Complex will nail him with the blame....
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #234 on: June 12, 2012, 07:08:50 AM »
ZeroHedge has a couple good posts on Euro crisis"

1)  Great pic on Spanish Bailout -

http://www.zerohedge.com/news/spanish-bailout-explained-one-image

Pretty much covers that!

2)  Next, looks like France is on the clock.

http://www.zerohedge.com/news/credit-suisse-explains-real-issue-and-why-there-two-months-tops-until-france-bulls-eye

Not surprising given recent political change in France, IMF & Soros putting the date-certain hex on the Euro et al.
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #235 on: June 13, 2012, 06:55:13 AM »
ZeroHedge article says Germany pulled back the punch bowl, not sure whizzing in it isn't a better idea...


•Schaeuble Rejects European Redemption Fund: Stern Magazine
•German finance minister says redemption fund would violate EU treaties, in interview with Stern magazine

So contrary to the ridiculous hopes floated yesterday, and the even more ridiculous market levitation in response, there will be no banking union, no deposit guarantee, and no redemption fund. Well, there will be: on either of two conditions. European countries give up their sovereignty, which will likely never happen - this is, after all Europe - or it may if the respective local stock market are trading just north of zero, or if the bailout targets pledge their gold as decribed before.

http://www.zerohedge.com/news/germany-pulls-punchbowl-usual

 ::popcorn::
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #236 on: June 14, 2012, 08:02:18 AM »
A bit o/t but funny...the ZH "not" game initiated at Europe's expense.  Obviously it has grown beyond that constraint in the comments.  Some are damned funny though!

http://www.zerohedge.com/news/definitive-lesson-new-normal-european-geography
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #237 on: June 25, 2012, 08:13:33 AM »
« Last Edit: June 25, 2012, 08:16:49 AM by Libertas »
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Offline Libertas

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Re: Is the EU Going to Topple?
« Reply #238 on: June 25, 2012, 11:41:32 AM »
New Greek finance minister didn't last too long!

I am outta here!
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charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #239 on: July 09, 2012, 01:43:15 PM »

... UKIP's Nigel Farage discussed the sad reality of Europe's inevitable demise with the reigning US chief of non-hype Rick Santelli ...

http://video.cnbc.com/gallery/?video=3000100509

Herrrrrrr's Nigel:
Quote
http://www.youtube.com/watch?v=lYoh7XhYe1k


HT: http://www.zerohedge.com/news/perfect-storm-santelli-meets-farage
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