How Anglo-Americans will finish off the Euro

[Mega]

http://theinternationalforecaster.co...nancial_Crisis

Good stuff, what Bob is hinting at is that the Greek goverment will try to force the unfocerable on the Greek people. The "trigger" will be the Greeks being forced to sell off an island or 2.....then suddenly the Goverment of Turkey will rase a flag over it & ...POW!

The British/Us pigs think that this will force Greeks from the euro & its the end of the ECB. Their other early attempts failed badly when CHINA stepped in & bought "Piigs" debt.

A fight to the death is going on, Anglo-scum V...the rest of the World.
Mike

[don]

Re: How Anglo-Americans will finish off the Euro

If the peripherals pull out of the Euro, returning to national currencies, will the Euro be weakened or strengthened? Will a flight to safety be to the bonar or to the now defacto Deutschmark Euro?

[Alvaro Spain]

Re: How Anglo-Americans will finish off the Euro

If the peripherals pull out of the Euro, returning to national currencies, will the Euro be weakened or strengthened? Will a flight to safety be to the bonar or to the now defacto Deutschmark Euro?

Good questions. Apparently the euro should be strenghtened in the long term.

I'd like to note that the idea of any eurozone country leaving the euro comes much more often from an american analyst that from an european one. As EJ has said the eurozone is a cage whose keys have been thrown away.

[c1ue]

Re: How Anglo-Americans will finish off the Euro

I fear the credibility of this analyst was severely compromised by this statement:

As a result of this predicament the only real asset the US has that is worth anything are the portfolios of Fannie Mae, Freddie Mac, Ginnie Mae and FHA.

Uh, these are assets? I thought these were actually the problems.

[makimanos]

Re: How Anglo-Americans will finish off the Euro

West India co which last century replaced the East is in trouble. Beware of the Germans. If you know the Greeks, the selling of an island to Turks is wishful thinking.

[D-Mack]

Re: How Anglo-Americans will finish off the Euro

It amazes me that S&P, Moodys and Fitch are still trusted.

Greek Downgrade Lifts European Debt Costs

LONDON—European debt insurance costs were higher Thursday as concerns about the global economic recovery increased amid negative reports from the U.S., and after Greece's credit rating was downgraded.
Private-sector job growth data out of the world's largest economy Wednesday added to the concerns about growth prospects there, leaving stock markets to face their worst day since the middle of last year.
The ADP employment figure followed a string of data that indicated the U.S. economy struggled in May. Regional factory reports were weak, jobless claims remained high, and the Conference Board's consumer-confidence index fell sharply last month.
The U.S. news helped heap worries onto the peripheral European debt situation. Moody's Investors Service Inc. downgraded Greece to Caa1 late Wednesday, saying there is a 50% chance the country will default on its bonds.
http://online.wsj.com/article/SB1000...googlenews_wsj