OK, so here is my case for why the end of Western civilization is near... 1.) Greeks won't to live beyond their means... So called "austerity" measures are causing riots -> http://www.sltrib.com/business/ci_15025168 PLEASE NOTE: THE GREEKS POTENTIAL DEFAULT ON GREEK BONDS IS THE ROOT OF THIS PROBLEM. 2.) The EUROPEON (sic) MONETARY EUNION (sic) ( eunion - a combination of eunach and union) is unwilling to protect the EMU...admittedly because some members of the EMU are fu(kups/brilliant... http://www.telegraph.co.uk/finance/...-nuclear-response-to-save-monetary-union.html 3.) The world is told that the ROOT CAUSE OF THE PROBLEM IS SOME SORT OF FU(KED UP PROBLEM WITH SHORT TERM LENDING IN US (yes, you read that right - US) DOLLARS and even the fu(ked up pseudo-American Federal Reserve agrees!!!! http://www.federalreserve.gov/newsevents/press/monetary/20100509a.htm 4.) When the EMU reacts by pulling "money" out their a$$holes...the banks (read that as quasi-gov't entities) push the euro higher....as though monetizing debt INCREASES the value of money... http://www.telegraph.co.uk/finance/...ro-jumps-as-markets-welcome-750bn-rescue.html Sorry, I would write more...but, I have to do some bunker shopping -gastropod
it's amazing what you can do with money. Today, Debt is the foundation of all money, i guess the ecb just figured out what the US already knew.... I thought it would take longer to alter their lens.