This will collapse Governments.
- Forget Arab Spring, the Fall of the Banksters is already baked into the cake, and it will have grimmer consequences for all of us. Many will be 'wiped out' if they do not get out of the way of the coming collapse.
We all understand that Washington is "broken" (only the denizens remain oblivious). What most do NOT know is that the 'banking system' is bankrupt. Not just ethically like Washington, but truly and literally bankrupt. Broke. El busto!
- And it is exactly the coming Bank failures that will collapse Governments (why do you think Governments are trying so hard to save the Banks? It's not for YOUR benefit, but for their own self-interest and preservation.)
- And NO, I do not blame Wall Street for it is the Government that has (a) mucked things up, and (b) made things worse trying to 'fix' their original FUBAR'S.
Some predictions:
- Bank of America will be the US's next Lehman/AIG moment. Will, not IF.
- Greece will default, and the default contagion will spread.
- Euro megabanks will collapse.
- EU Governments will get further credit downgrades.
- Spain and Italy will default on their monstrously HUGE debts.
- Global debt markets will have a Fukushima/Chernobyl-like melt-down.
- There will be sovereign defaults, bank failures, and a global depression.
All of these elephants are now dancing, and the ants had best get themselves out of the way!
- The idiots that got us into this mess are unable to get us out. Ignore them and think for yourselves. Make friends now with a Farmer (or become one), because the worthless paper being peddled by the Banksta Gangsta's won't feed you when the 'proverbial' sh*t hits the fan.
Sunday 23 October 2011
Collapse..............from Rico
From Theo Spark at 08:49
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