So far over the course of the last two years, the focus has been on the prospect of Greece leaving the EU...or being kicked out.
Forget Greece...watch Germany!
Something very bad is happening behind the scenes, behind the happy-face "Greek Problem Solved" pronouncements for the umpteenth-time in two years.
Multiple sources (not just 'one' but several disparate and credible ones) are telling me that Germany is printing Deutsche Marks!
Why? In preparation for Germany to leave the EU.
Dr. Pippa Malmgren, a former advisor to Deutsche Bank says the printing has already been ordered in anticipation of a withdrawal from the EU.
If Germany pulls-the-plug, it will collapse the Euro and the EU.
Prepare for systemic failure in weeks or months...?
- Europe's Banks will crash, proving that 2008 was only the prelude to the REAL disaster coming in the next 14 months. And, it will involve corporate, financial, and sovereign bond defaults.
This is a horrible time to be in the "safety' of bonds!
- Have you paid attention to all the 'haircut' talk bond-holders are going to be asked to take recently? Decapitation is much more likely.....
Thursday, 27 October 2011
Forget Greece, watch Germany!...............from Rico
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2 comments:
All quiet on the Western front, for now.
Germany is planning to be put in charge of the EU. Germany will say in a few months they are leaving this will result in a Europe wide panic, Which Germany will say under certain conditions, Germany will stay. 1 Germany is in charge of everything. An economic Blitzkrieg. Germany will accomplish in 1 swift move what 2 World Wars failed to do Conquer Europe.
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