End of EU?I

Originally Posted by ralf

It looks as though the Euro is about to disintegrate to nothing, but do we have any EU experts on the forum, if we do, could you tell me, if the Europe Union as whole will also disintegrate?

n King has urged British banks today to prepare themselves for the collapse of the eurozone.

Not yet
And a Euro is worth more than a dollar today- so don't believe all the hype and the Fed is going to help keep the Euro afloat with dollars
I think Europe was just taken over without a war and the system will keep speeding along at least for awhile all this talk is just a distraction-

Originally Posted by beardo

Not yet
And a Euro is worth more than a dollar today- so don't believe all the hype and the Fed is going to help keep the Euro afloat with dollars
I think Europe was just taken over without a war and the system will keep speeding along at least for awhile all this talk is just a distraction-

Thanks for that beardo, its appreciated.

The central banks have signaled they will not allow a collapse to happen; Bernanke & co are great lol, they didn't even really do anything significant but market expectations changed on their moves regardless...

its like this guy knew this was gonna happen.
The euro will end but not till the USA elections in 2012 are over.

http://www.youtube.com/watch?v=2gm9q8uabTs

beardo, i believe u are correct in your statements, i just dont understand how the USA can back em if we cant back our own $. we print $, we dont have gold to back, n we all no china already owns us....our goverment at its finest....peace

The unelected governors of central banks everywhere will now borrow from the fed at super low rates (.58%) in exchange for currency swaps. They will then use these dollars to purchase short term US Treasuries that pay in excess of .58% and will pocket the profits from the difference.

Basically the Fed will print money and give it to foreign banks who will then turn around and lend it back to the US Government and ultimately the US Citizen at interest. To simplify even further, the banks are going to lend our own money back to us at profit.

I hope you all bought gold and silver, these swaps are nothing more than back door money printing (Quantitative easing) and the real reason they are doing it is so that a major bank in Europe does not fail causing another Lehman bros collapse like 2008. More inflation to come, good for gold.

the EU is mathematically impossible to save, it will fail.

Originally Posted by NoDrama

The unelected governors of central banks everywhere will now borrow from the fed at super low rates (.58%) in exchange for currency swaps. They will then use these dollars to purchase short term US Treasuries that pay in excess of .58% and will pocket the profits from the difference.

Basically the Fed will print money and give it to foreign banks who will then turn around and lend it back to the US Government and ultimately the US Citizen at interest. To simplify even further, the banks are going to lend our own money back to us at profit.

I hope you all bought gold and silver, these swaps are nothing more than back door money printing (Quantitative easing) and the real reason they are doing it is so that a major bank in Europe does not fail causing another Lehman bros collapse like 2008. More inflation to come, good for gold.

the EU is mathematically impossible to save, it will fail.

Fuck that was well put. Damn I wish I knew how to put words together like that! Nice ND!

Originally Posted by Hemlock

Fuck that was well put. Damn I wish I knew how to put words together like that! Nice ND!

I pretended to be a Finance Major at University