Tag Archives: European Union

It’s all downhill, and accelerating, from here

The situation in Cyprus reminds me of watching the Iron Curtain fall in Berlin. The collapse of the Soviet Union, 9/11, the Gulf War, or the earthquake in Japan also kept us mesmerized as we watched and wondered how this … Continue reading

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Italy’s Beppe Grillo – in 1998

If Italy defaults on its “obligations” to the banks controlling the world’s economic collapse, what happens? France’s banks will collapse immediately. The EU will disband or reorganize into a smaller northern union. Without Great Britain and a bankrupt France, Germany … Continue reading

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Why Didn’t the European Union Collapse Yet?

Why is the European Union still intact? They are bankrupt, divided between the North and South, and have no plan to address any of their problems.  But keep in mind, we are discussing the EU – not the United States. … Continue reading

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Euro zone economy falls deeper than expected into recession

The euro zone slipped deeper than expected into recession in the last three months of 2012 after its largest economies, Germany and France, shrank at the end of a wretched year for the region. It marked the currency bloc’s first full year in which no … Continue reading

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‘Bailouts’ are a means for total subjugation to EU control – Nigel Farage

h/t Zerohedge

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Moody’s Downgrades European Union To Outlook Negative

Not entirely surprising following the outlook changes for Germany, France, UK, and Holland but still an intriguing move right before Draghi’s big unveiling: Moodys maintains AAA rating but shifts to outlook negative. Moody’s believes that it is reasonable to assume that … Continue reading

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The Full Financial Monte is Coming

From The Market Oracle, UK we get a comprehensive analysis of what has happened, and what is coming in the financial world.  I am in fundamental agreement with their views, excepting a few quibbling details.  Consider this a sanity check … Continue reading

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Syria is the Appetizer, Iran will be the Main Course…

As I have been warning for some time, the US cannot resist becoming involved in Syria.  This is part of a bigger play, in fact it is part of a proxy war between the three super powers of the world … Continue reading

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Bank Runs and Border Closings

Are currency controls and bank runs in our future? Recent reports indicate that 100 Billion Eurodollars have recently left Spain as residents fretted about the safety of their money and approximately 10% of Italian capital has  fled the country.  In … Continue reading

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Here We Are Six Months Later

Fool me once, shame on you. Fool me twice, shame on me. Fool me twenty-two times: I stopped listening after two times. You only think I believe your propaganda. David DeGerolamo

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Of Deutsche Marks, Lira, Peseta and Coming Troubles

(New American)  The Munich-based Foundation for Family Business has filed a criminal lawsuit against the Bundesbank, the central bank of Germany, alleging that the board of the bank has hidden the true scale of the risk borne by ordinary German … Continue reading

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Spain, France and Germany Are Planning to Close Their Borders?

If the situation in Europe is bad, how would we know? This is not as simple as you may think. The economic collapse that is inevitable is so bad that we are being shielded from its reality by our politicians … Continue reading

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Farage: We face the prospect of mass civil unrest, even revolution

Nigel Farage shows why Germany has kept the United Kingdom out of their plans for a revised European Union. On the heels of Putin, revolution will be just another means to transform Socialism into Communism. From Zerohedge.com: In one of … Continue reading

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World Collapse Explained in 3 Minutes

This video is two years old. See what one trillion US dollars printed by the Treasury under orders from Ben Bernanke will postpone. And without Congressional approval. But with your life savings devalued in order for the EU to continue … Continue reading

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An Accurate Assessment of Greece

 “A sleight of hand is not magic; just a trick. It is amazing to me these days how proficient the EU and the ECB have become in turning tricks.” -The Wizard Another Greek bailout has been put together. Whether the … Continue reading

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Germany Reminds Us that the Key Is Energy

See additional comments on Tea Party Nation. I wrote an article about Iran’s strategy in January to embargo European Union countries from receiving Iranian oil in retaliation for the EU ban on Iranian oil that would take effect in July. … Continue reading

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Iranian Checkmate? Oil Embargo on the European Union to Be Announced

It appears that the news concerning the demise of Iran Daily was premature: only one day’s suspension for supporting Ahmadinejad over the opposition party. The stories below detail the Iranian response to the implementation of the European Union’s oil embargo. … Continue reading

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Iran will make the world unsafe for Americans in the shortest possible time

Mohammad Kossari, deputy head of the Iranian parliament’s foreign affairs and national security committee has warned the US not to interfere when Iran closes the Strait of Hormuz. While Russia, China and Iran are playing a game of chess, the … Continue reading

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“Turmoil in European still has the potential to trigger a global financial crisis”

World Bank Cuts Global Growth Forecast The World Bank cut its global growth forecast by the most in three years, saying that a recession in the euro region threatens to exacerbate a slowdown in emerging markets such as India and Mexico. The … Continue reading

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Is the Flight to the Dollar about to End?

An article on Zerohedge.com speculates on how the consequences of the dissolution of the European Union on the value of the Euro. An interesting scenario at the bottom of the article offers a prediction if a partial North-South split occurs. … Continue reading

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S&P may have just killed the European sovereign market

Stick a fork in it, the eurozone as we know it is done S&P may have just killed the European sovereign market by saying out loud what only “fringe bloggers” dared suggest in the past Here are the key take … Continue reading

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This Won’t Be Pretty on Monday Morning

Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading

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Don’t Worry, This Can’t Happen in America

If the Eurozone banks collapse, our banks will collapse within a few days. Whether the government will declare a bank holiday, print more fiat currency or a combination of efforts, you can be assured that the Federal Reserve and Tim … Continue reading

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How the Precautionary and Liquidity Line Will Collapse the United States

The International Monetary Fund has “enhanced” emergency lending windows in an announcement today (the decision was made on November 21, 2011). This decision allows a member country to now fund 500% of its obligated quota. As explained below, this one … Continue reading

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EU Contagion Spreading to American Banks

The stock market lost190.57 points today after a report from Fitch Ratings stated what most financial experts already knew: the contagion spreading through the European Union which will collapse their continental economy will also collapse our American banks. As detailed … Continue reading

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Eurozone Collapses – Gold Surges

It looks as if gold sales to cover stock margin calls has bottomed out and gold is on the rise as the new Frankfurt Agreement between Germany and France is reshaping the European continent. Expect Portugal, Spain, Italy and Greece … Continue reading

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“It is time for a breakthrough to a new Europe” – Merkel

The race is on to see who will control Europe. The collapse of the Italian bond market today will collapse several large French banks. The players involved in picking up the pieces and the formation of a “new Europe” include: … Continue reading

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The Face of Evil

http://www.youtube.com/watch?v=m2LFoUBvP94&feature=youtube_gdata”>httpv://www.youtube.com/watch?v=m2LFoUBvP94

George Soros outlines his suggestions for solving the credit debt of the European Union. httpv://www.youtube.com/watch?v=m2LFoUBvP94 Is Mr. Soros more concerned about the future of the new Eurasian state or collapsing the US dollar? Since his evil has no boundaries, he … Continue reading

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Xtranormal Explains the European Union Bailout

http://www.youtube.com/watch?v=X20motVq-W8&feature=youtube_gdata”>httpv://www.youtube.com/watch?v=X20motVq-W8

Although the situation in Europe is even worse than portrayed here ($4 trillion Euros needed instead of $1 trillion), this video actually covers several valid points. httpv://www.youtube.com/watch?v=X20motVq-W8 Aliens are probably the only salvation for the EU at this point. Why … Continue reading

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The 2nd amendment – European Style

If you don’t know what a CDS is or who is running the ISDA, you are probably vested (or somewhat vested) in the stock market. Although the media is not giving a real analysis of what happened concerning the Greek … Continue reading

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There Will Be No Orderly Euro Breakup

http://www.youtube.com/watch?v=UrsL93VnFbo&feature=youtube_gdata”>httpv://www.youtube.com/watch?v=UrsL93VnFbo

  Angela Merkel is warning the members of the Eurozone that the dogs of war are a distinct probability unless the economic crisis is solved. Another option is the breakup of the European Union as shown on the following video … Continue reading

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Greenspan: It Is Not My Fault

http://www.youtube.com/watch?v=Ok6fj-nF0-M”>httpv://www.youtube.com/watch?v=Ok6fj-nF0-M

Alan Greenspan is now admitting that the European Union is doomed to fail. At least Mr. Greenspan does not subscribe to the “too big to fail” philosophy of our politicians. The video after the article shows Greenspan stating that the … Continue reading

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The Dominoes Of Debt

As the following article points out, the solution to the financial collapse of the European Union will be solved. Sometime. No really, sometime. As the EU is finding out, the fiscal mismanagement by politicians who sold their nation’s future by … Continue reading

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The EU Bailout Jig Is Up

The Sunday evening deadline imposed on the European Union by the G20 to resolve their never-ending financial crisis has been postponed until Wednesday. Although the excuses for failing to resolve the crisis are the same, the reality is that the … Continue reading

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European Union Credit Rating Collapse

Moody’s cuts Spain by 2 notches, sees funding risks Moody’s Investors Service on Tuesday cut Spain’s sovereign ratings by two notches, saying high levels of debt in the banking and corporate sectors leave the country vulnerable to funding stress. Worsening … Continue reading

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There Goes the Euro

On Thursday, Fitch downgraded the creditworthiness of UK banks Lloyds and RBS, and also Switzerland’s UBS. As the banks start to fail in the European Union and the credit rating downgrades negatively impacts the ability to turn around their collective economies, the … Continue reading

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Global Stocks Rise as Germany, France Agree on Bank Plan

From FoxNews: World stocks and the euro rose on Monday while top-rated government bonds and the dollar fell after German and French leaders promised to announce fresh steps to tackle the euro zone debt crisis by the end of the … Continue reading

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Latest Financial Reports from the European Union Crisis

A flurry of reports on the European Union’s fiscal crisis has been released just prior to the opening of the European stock markets. The following articles detail the latest information from Switzerland, Germany Portugal and Greece. This will not be … Continue reading

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How Much Will An IMF Bailout Cost the United States?

The International Monetary Fund is broke and needs a bailout of $1.4 trillion. Since the United States is a member of the One World Order cartel composed of the Federal Reserve, IMF and World Bank, we have to pay our … Continue reading

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Europe Rejects Geithner’s Printing Press Solution

Tim Geithner’s latest trip to Europe to implement a “printing press solution” to their financial problems has been rejected. Germany (throught the ECB) has decided to maintain their sovereignty and follow a sound monetary policy that will ensure their country’s and … Continue reading

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