Euro Crisis - Page 3

flavio · #41 09.12.2011, 08:12

Yet another Hitler video on the EUR. This one is good:

poptart · #42 09.12.2011, 10:15

So, since the preliminary news from the EU summit is doing little but to confirm the idea that the Eurozone currency is all but doomed (and it is surprising how topics about, say, how yankees wipe their butt and with which sort of toilet paper gets more debate than an entire economic collapse in the EU/worldwide) I'm going to start a poll to see how long folks think the eurozone has before everything hits the fan.

Puhutes · #43 17.12.2011, 20:04

	Quote:	Confloozed
	So, out of curiosity, where did you get your quotes from?

I listen to every show posted by the people who used to play the economy game with the big boys...I love the Max Keiser show and gerald celente shows... I don't know what you think, but usually what they say makes a whole lot of sense and looking at their predictions, they've been spot on in the past.

Puhutes · #44 17.12.2011, 20:07

	Quote:	onei
	Try here, you can buy physical metals and leave the in their vaults, personally I think a hole in the ground is safer http://suissegold.ch/home.php?cat=250

Is that who you buy from? I didn't really see any information about the company on their site... Oops, just saw they are located in Luzern and London... Hmmm

EnteGutAllesGut · #45 18.12.2011, 00:06

	Quote:	Assassin
	If you haven't already lost then it's hardly going to get worse. Unless France, Germany and all the other darn foreign nations decide to claim poverty too. Best bet in all honesty is to put all your money in an old tin and put it right under your mattress. Unless you have a water bed, which would then not be such a good idea, because the notes would get wet and therefore not an acceptable means of payment.

wet notes are perfectly acceptable - i ve washed my wallet several times and expect the jokes about "oh .. someone took money laundering too serious" i didnt have any problems ...

Phil_MCR · #46 18.12.2011, 00:22

	Quote:	poptart
	So, since the preliminary news from the EU summit is doing little but to confirm the idea that the Eurozone currency is all but doomed (and it is surprising how topics about, say, how yankees wipe their butt and with which sort of toilet paper gets more debate than an entire economic collapse in the EU/worldwide) I'm going to start a poll to see how long folks think the eurozone has before everything hits the fan.

haven't things hit the fan already? i guess emperor's clothes moment will come when italy fails to roll-over it's bonds (maybe early next year - though i'm a little surprised they've scraped through so far). even germany's recent bond sale was a bit shakey.

Lex · #47 20.12.2011, 15:56

	Quote:	Phil_MCR
	clothes moment will come when italy fails to roll-over it's bonds (maybe early next year - though i'm a little surprised they've scraped through so far). even germany's recent bond sale was a bit shakey.

Yes, or anytime during 2012. Italy has €320 billion to roll over next year. Thats a hell of an amount. Thats also just Italy, then there is the rest of the Eurozone as well as all the other countries who are financing deficits with debt. For Italy, all of that will be at pretty much at higher interest rates than what they have had in the past - so their average rates will just be getting higher in the near term chewing up more revenue in interest payments.

Glad im not an Italian taxpayer