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Forum Post: Europe’s Disaster Is Headed Our Way

Posted 12 years ago on Nov. 13, 2011, 10:44 a.m. EST by figero (661)
This content is user submitted and not an official statement

http://www.thedailybeast.com/articles/2011/11/12/europe-s-financial-crisis-is-headed-to-america.html

5 Comments

[-] 1 points by Wired (16) 12 years ago

When the asian block are persuaded to adopt a more stable reserve currency, look out below. The OWS demostrations are going to turn into a real gathering. The European Union will fall apart like a brick wall made with bad mortar. Why do you think the Asians are buying gold with every paycheck?

China can afford the minor setback of worhless US bonds. It will be a buying season for China.

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[-] 1 points by invient (360) 12 years ago

I dont buy the article. Could it spread here, sure... but if it does, the past market actions hint that investors would much rather hold US treasury bonds (especially long term) than any other asset...

We'll see because I am sure it will hit our shores, but what the market decides at least from my perspective is up in the air.

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[-] 1 points by BonitaSiegel (4) 12 years ago

Well it is interesting how the G20 - full of corporate sponsors - decided the governments of two countries. This is just the beginning. Makes me think of Rollerball where Corporations replaced all governments.

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[-] 1 points by BonitaSiegel (4) 12 years ago

So watching David Icke - a bit of an odd guy according to his bio but he has some good points - where does money come from? Most think it is the government but they are wrong. What do the financial guys want? A World Bank and A World Government. Getting there with Europe and all the trade agreements. Very scary.

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[-] 0 points by figero (661) 12 years ago

Meanwhile the Euro is going to be dismantled. Which it should be.

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