Author Topic: Is the EU Going to Topple?  (Read 104425 times)

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Online Libertas

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Re: Is the EU Going to Topple?
« Reply #120 on: December 09, 2011, 06:27:09 AM »

[blockquote]
Quote
where every day could be the developed world's last if not for the ongoing backstops, guarantees and bailouts of the central banking regime.
[/blockquote]


Yup.

Failure to launch -

http://www.zerohedge.com/news/wall-streets-response-summit-failure#comment-1962284

Spending problem, what spending problem?

Austerity?  How do Neo-Keynesian's spell that?  M-o-n-e-t-i-z-e & B-a-i-l-o-u-t-s...

SSDD!!!

Ya can't fix stupid!
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Online Libertas

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Re: Is the EU Going to Topple?
« Reply #121 on: January 26, 2012, 07:44:25 AM »
This is gonna be a great spring & summer, eh?  Greece has just about run the string out, Portugal (see link below) isn't far behind...get Italy and Spain in on the show and the roast is on!

http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august
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Offline Weisshaupt

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Re: Is the EU Going to Topple?
« Reply #122 on: January 26, 2012, 08:32:15 AM »
This is gonna be a great spring & summer, eh?  Greece has just about run the string out, Portugal (see link below) isn't far behind...get Italy and Spain in on the show and the roast is on!

http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august

 I think our exposure is high enough to the European debt and Currencies that an implosion there will finally knock our own  house of cards down.
Yeah its been a long wait, but I think we are finally going to see the major event this year.. probably before election day. And depending on Obama's response, there may never be an election day.
Of course the sheep are mighty clever at ignoring the obvious, so maybe they can limp Europe along for a bit longer and get that long, steady decline into 3rd world banana State that they are aiming for.

Buy self sufficiency, in whatever form you find it.
 

Online Libertas

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Re: Is the EU Going to Topple?
« Reply #123 on: January 26, 2012, 10:06:10 AM »
This is gonna be a great spring & summer, eh?  Greece has just about run the string out, Portugal (see link below) isn't far behind...get Italy and Spain in on the show and the roast is on!

http://www.zerohedge.com/news/portugal-10-year-yield-passes-15-first-time-where-greek-10-year-was-august

 I think our exposure is high enough to the European debt and Currencies that an implosion there will finally knock our own  house of cards down.
Yeah its been a long wait, but I think we are finally going to see the major event this year.. probably before election day. And depending on Obama's response, there may never be an election day.
Of course the sheep are mighty clever at ignoring the obvious, so maybe they can limp Europe along for a bit longer and get that long, steady decline into 3rd world banana State that they are aiming for.

Buy self sufficiency, in whatever form you find it.


Heh!

&

Amen!
We are now where The Founders were when they faced despotism.

Offline Sectionhand

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Re: Is the EU Going to Topple?
« Reply #124 on: January 27, 2012, 03:40:16 AM »
Is it fair to assume that investors are willing to take a 50% loss in Greece ? When pigs fly !

Online Libertas

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Re: Is the EU Going to Topple?
« Reply #125 on: January 27, 2012, 07:04:16 AM »
This is interesting, check out the wiggle room charts here -

http://www.zerohedge.com/news/presenting-interactive-wiggle-room-index-or-which-countries-will-be-forced-bail-out-developed-w

As you can see, wiggle room is shrinking, and many of those with any are not the most reliable of partners, some are outright hostile.

When you start running out of shells the shell game doesn't work so well!

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Online Libertas

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Re: Is the EU Going to Topple?
« Reply #126 on: February 12, 2012, 09:10:02 PM »
Start shrinking the socialist teat and the looters are exposed for what they are...looters.

http://www.reuters.com/article/2012/02/12/us-greece-idUSTRE8120HI20120212

Stay tuned for more thrilling episodes of "As Athens Burns"...

It never ceases to amaze me...what do people in a cash strapped society do when they panic...yup, burn their own crap to the ground.  Bloody brillant, eh?

This is us in the not very distant future.
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Offline trapeze

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Re: Is the EU Going to Topple?
« Reply #127 on: February 12, 2012, 09:31:41 PM »
This is almost certainly us in a BO future. In a Romney or Santorum future...not so much.

It brings to mind the the old saying (curse), "May you live in interesting times."

In a doomsday scenario, hippies will be among the first casualties. So not everything about doomsday will be bad.

Offline trapeze

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Re: Is the EU Going to Topple?
« Reply #128 on: February 12, 2012, 09:56:23 PM »
The best place to read about this kind of stuff is the UK daily papers...


The Sun Read the comments, too.

The Telegraph Good article here.

The Independent

The Daily Mail Best pictures and most comments.

The comments are the most interesting things to read. The commenters are mostly aware of how screwed everyone is and how it's coming to a country near you soon. The minority commenters* are the OWS types.

*depends on which rag you read. in some cases the OWS types are even with normal people.
« Last Edit: February 12, 2012, 10:10:55 PM by trapeze »
In a doomsday scenario, hippies will be among the first casualties. So not everything about doomsday will be bad.

charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #129 on: February 12, 2012, 10:20:00 PM »

Yep, postcard from hell.
                                   http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/AV1C_20997-1200_0.jpg

Online Libertas

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Re: Is the EU Going to Topple?
« Reply #130 on: February 13, 2012, 06:50:20 AM »
This is almost certainly us in a BO future. In a Romney or Santorum future...not so much.

It brings to mind the the old saying (curse), "May you live in interesting times."



Romney?   ::speechless::   ::whatgives::

I think you meant to say "...not as fast."!
We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #131 on: February 13, 2012, 10:12:12 AM »

Most divorces are caused by money problems.  Romney doesn't understand the Constitution
but he does understand, more than most, money.  Our potential for survivability will greatly
increase with a Romney presidency than an Øbama second term.


Offline Weisshaupt

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Re: Is the EU Going to Topple?
« Reply #132 on: February 13, 2012, 10:23:05 AM »
Our potential for survivability will greatly increase with a Romney presidency than an Øbama second term.

Define survivability?
Will he work to overturn Obamacare - the newest wealth sucking and debt creating machine?
Look at  Mass. and the things he did there. He understands Money alright. I am sure that as soon at everything collapses he will be whisked away to a nice island retreat somewhere.  He doesn't give a rip about the problems we are facing, and he is certaily not willing to do what is required to stop it. No politican on the ballot but Paul is, and Paul couldn't command the support required.  THERE IS NO POLITICAL SOLUTION.  There are varying degrees of decay, but decay is what we will get and have.

My survivability is going to be determined by my prep.  The Nation's finances cannot be fixed with anything short of an armed insurrection. The dollar will be made irrelevant - it may take 10 more years to do it ( but I am betting on 5)  but this is simply not sustainable, and like Europe, we are unwilling to do what would be requied to make it so. As a result this is going to play out in full technicolor.  You can either watch the show with popcorn or particpate in the production.  Either way, this movie is getting made.
 
« Last Edit: February 13, 2012, 12:09:54 PM by Weisshaupt »

Online Libertas

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Re: Is the EU Going to Topple?
« Reply #133 on: February 13, 2012, 12:00:39 PM »
"As a result this is going to play out in full technicolor."

Yup.
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Online Libertas

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Re: Is the EU Going to Topple?
« Reply #134 on: February 14, 2012, 07:06:38 AM »
IMO the rating agencies on just about all scores are Johnny-come-lately's, even for a hindsight reliant business like this, but...EU downgrades are coming in batches now...the walls are closing in...all the central bankers really have is printing currency...full speed ahead into the abyss!

http://www.zerohedge.com/news/moodys-downgrades-italy-spain-portugal-and-other-puts-uk-france-outlook-negative-full-statement

ETA - Didn't take very long for the first reaction to hit the markets, as I noted here -

http://itsaboutliberty.com/index.php/topic,913.new.html

If bankers are buying gold, well, that just speaks volumes to confidence, now doesn't it?!
« Last Edit: February 14, 2012, 07:12:16 AM by Libertas »
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charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #135 on: February 14, 2012, 02:56:45 PM »

What's up with the SPDR sales?

Online Libertas

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We are now where The Founders were when they faced despotism.

charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #137 on: February 14, 2012, 07:26:03 PM »

http://www.zerohedge.com/news/inevitable-us-uk-japan-euro-downgrades-lead-further-currency-debasement
Quote
(Bloomberg) -- Touradji Sold Entire Stake in SPDR Gold Trust

Quote
(Bloomberg) -- GLG Partners Sells Stake in SPDR Gold Trust in Fourth Quarter

Online Libertas

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Re: Is the EU Going to Topple?
« Reply #138 on: February 14, 2012, 07:32:33 PM »
These last three links are all interconnected.
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charlesoakwood

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Re: Is the EU Going to Topple?
« Reply #139 on: February 14, 2012, 07:57:20 PM »

Yeah, first time through I thought I was double clicking or vision.
But I couldn't understand how these entities dumping all their SPDR
holdings played with Japan and Ethiopia buying gold.  Couldn't under-
stand dumping SPDR anyway.