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 will take control. The southern countries of Greece, Portugal and Spain will follow in Italy’s footsteps. What is the time frame? Watch Italy’s Grillo in the formation of their next government and the consequences of the unemployed youth in Southern Europe once the weather breaks.
Then again, we can also watch “democracy” in action in Egypt.
David DeGerolamo
h/t Zerohedge.com
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