Tag Archives: European Union

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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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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