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DollarBondsCL

Registered: Feb 2012
Posts: 107

03-05-12 11:03 AM

If you take this

Cash-strapped Britain: One in five has to borrow money to buy food
www.dailymail.co.uk/news/article-21...-groceries.html

And combine it with this

85% of Greece's debt will be owned by European taxpayers
http://blogs.telegraph.co.uk/financ...pean-taxpayers/

And this

Spain's unemployment rate hits 22.9%
http://www.independent.co.uk/news/w...29-7469750.html

And top it off with this

Euroland will pay for this monetary madness
www.telegraph.co.uk/news/worldnews/...ry-madness.html

What do you get?

You get a make believe system that functions solely based on ECB and FED money print and pump. This can work.....for some time....when this whole thing blows up. I wouldn't want to be around. :/

Probability indicates I will be around though

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zdreg

Registered: Oct 2003
Posts: 8342

03-05-12 11:59 AM

Quote from DollarBondsCL:

If you take this

Cash-strapped Britain: One in five has to borrow money to buy food
www.dailymail.co.uk/news/article-21...-groceries.html

And combine it with this

85% of Greece's debt will be owned by European taxpayers
http://blogs.telegraph.co.uk/financ...pean-taxpayers/

And this

Spain's unemployment rate hits 22.9%
http://www.independent.co.uk/news/w...29-7469750.html

And top it off with this

Euroland will pay for this monetary madness
www.telegraph.co.uk/news/worldnews/...ry-madness.html

What do you get?

You get a make believe system that functions solely based on ECB and FED money print and pump. This can work.....for some time....when this whole thing blows up. I wouldn't want to be around. :/

Probability indicates I will be around though

Edit/Delete • Quote • Complain

zdreg

Registered: Oct 2003
Posts: 8342

03-05-12 12:01 PM

Probability indicates I will be around though

should we start a collection to fund a ticket for you to a safe haven?

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morganist
Moderator

Registered: Sep 2008
Posts: 3404

03-05-12 12:05 PM

Quote from zdreg:

Probability indicates I will be around though

should we start a collection to fund a ticket for you to a safe haven?

And where would that be?

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just21

Registered: Feb 2002
Posts: 3301

03-05-12 12:06 PM

Uk government aim to make the first Ł10k tax free by 2015. That should help.

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achilles28

Registered: Apr 2005
Posts: 7537

03-05-12 12:13 PM

Who isn't the next Greece?

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