Postări
EU President Admits That Europe Is Fighting For Survival, Invokes M.A.D. Card
When the president of the EU says that the fate of the second worst experiment of the last century (the worst being monetarist-Keynesian-central banking fundamentalism) is on the ropes, people listen. Perhaps people will also finally listen to those who are warning that no matter the words of encouragement, said experiment is doomed: the latest confirmation coming from Greece which has been now caught lying not once, not twice, but five times in a row just to preserve its EU backstops, and allow it insolvent banking system to exist for a few more days. In the meantime, the fate of Europe's bankers lies in the hands of a few good Irishmen, who can precipitate the mark to market (aka zero) catch 22 should the country finally force senior creditors to be impaired. Then not even the Fed will be able to backstop the continent's $50 or so trillion in interlinked assets, which also happen to be the continent's liabilities. In the meantime, here is Herman Van Rompuy doing what bureaucrats and bankers in power are so good at doing when they have no other choice: threatening with global assured destruction if they don't get their way.
From Dow Jones
The European Union won't survive if it fails to overcome a debt crisis plaguing the single currency area, the bloc's president Herman Van Rompuy said Tuesday.
"We're in a survival crisis," Van Rompuy said in a speech in Brussels hours from an assembly of euro finance ministers with Ireland and Portugal each teetering on the brink.
"We all have to work together in order to survive with the euro zone, because if we don't survive with the euro zone we will not survive with the European Union. But I'm very confident we will overcome this."
Ireland admitted Monday that it was holding talks about a rescue package of emergency aid, six months after EU nations had to rush to the rescue of Greece with a EUR110 billion bailout.
Portugal has also warned it is at "high" risk of needing financial support, unable to borrow money on open markets other than at prohibitive rates.
http://www.zerohedge.com/article/eu-president-admits-europe-fighting-survival-invokes-mad-card
11 comentarii :
* M.A.D. = Mutual Assured Destruction (distrugere reciprocă garantată).
http://en.wikipedia.org/wiki/Mutual_assured_destruction
Lucrurile stau de 100 de ori mai rau decat declara Rompuy....
O jigodie sinistră.
Von Rompuy -mare pasionat de haiku-poezie japoneza.
E sensibil, altfel.
Oamenii sensibili au nevoie de sprijin material substantial , ca sa creeze...
Dacă avocata ungaro-austriacă Eva Maria Barki a avut de două ori interdicţie de a intra în România pentru că a susţinut "independenţa Transilvaniei", s-ar impune si o interdicţie similară pentru Van Rompuy, care predică dispariţia statelor naţionale.
Megalomania, paranoia privind independenta nationala trebuie tinuta afara din Romania
Ce ziceau unii mai demult. Sa vezi si sa nu crezi..
:)
ps: aici e o parapanta mica cu rosu galben si albastru. In poza pusa alaltaieri ma refeream o funie in vremurile de acum)
Se lasă rău.
G-20: World Gangs Up on America
The dollar’s days as reserve currency are numbered.
http://www.thetrumpet.com/index.php?q=7637.6218.0.0
Welcome to the Age of Permanent Bailouts for the Giant Banks
http://www.zerohedge.com/article/welcome-age-permanent-bailouts-giant-banks
Azi dimineata exact la asta ma gandeam : va veni ziua cand va trebuie sa ajutam bancile in mod constant,recurent
Ce perioada neagra !
Extrema cealaltă o exprimă fostul fotbalist francez Eric Cantona: retragerea tuturor banilor din bănci de cetăţeni, ca să îşi schimbe (băncile) atitudinea (Cantona este susţinătorul noului partid de extrema stânga Nouveau Parti Anticapitaliste).
ERIC CANTONA "KILL THE BANKS" (A MUST SEE)!
http://www.youtube.com/watch?v=-Uop5R7E314
Sa speram ca vor aparea banci cu dobanzi normale.
Sistemul bancar s-a imbicsit
Trimiteți un comentariu