The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label debt crisis. Show all posts
Showing posts with label debt crisis. Show all posts

Tuesday, February 14, 2017

Trump could drive a dagger into the heart of the EU should he get Greece to dump the Euro for the dollar

With Greece once again rushing to the forefront of events within the European Union over their never ending debt crisis, political and economic analysts directly point to the Southern European nation as the catalyst that could end the Euro currency experiment forever.

And ironically the Black Swan that could bring about not only an end to the Euro, but perhaps even put a dagger in the heart of the EU itself, is Donald Trump and his version of dollar diplomacy.

Image result for trump vs the european union
Donald Trump's pick for EU ambassador Ted Malloch claimed senior Greek economists are looking into taking on the American banknotes if the country turns its back on the European currency. 
Due to Greece's crippling financial crisis, officials are said to be desperately searching for an alternative to the Eurozone, which would 'freak out' Angela Merkel, according to Malloch.  
Prof Malloch was interviewed on Greek TV, where he said Greece leaving the EU would be the best option for residents, and added the current situation is 'simply unsustainable'.
'I know some Greek economists who have even gone to leading think tanks in the US to discuss this topic and the question of dollarization,' he said, according to local press.
 'Such a topic of course freaks out the Germans because they really don't want to hear such ideas.' 
The likely candidate for the Brussels envoy job has previously stated he expects the Euro to crash by 2018. - Daily Mail
Three years ago, when Greece fought their last debt battle against Germany and the EU Troika, it was Russia who offered to backstop Greece should they choose to leave the EU and default on their sovereign debt.  But that was back in 2013 when Barack Obama was President of the United States, and now the entire environment has changed since President Trump is a staunch supporter of seeing the European Union breakup for a return to nationalism.

Image result for greece should dump the euro

The Euro currency is already doomed to die, and for European nations currently reliant upon the continental currency for their monetary system it may be a case of the first ones out the door will have the benefit of making the best deals.  And this assessment has already proven accurate for the UK following their Brexit from the EU, and now it is upon Greece to make their most important decision on whether to start anew with a chance at a better future, or remain slaves to Brussels and lose everything when the Union and currency collapse whether they leave or not.

Wednesday, October 26, 2011

Gold meet inflation as prices climb over $1700 an ounce

Over the past 30-45 days, gold, silver, and most metals have been given a fine haircut by the markets, and especially the Hedge Funds who needed to sell off to cover positions in the equity markets.

Over the past 3 days however, gold, silver and copper have rebounded strongly in the face of the Euro and US debt crises.  The reason?  Inflation.  And the cause assuredly is tied to a sudden influx of dollars by the Fed in certain 'programs' that have been achieved under the table, and outside the mainstream processes.

The growing risk now is that in a desperate attempt to solve the crisis, bankers and bureaucrats in the EU, US and elsewhere are practicing an extreme form of financial alchemy which risks stagflation and possibly in a worse case scenario hyperinflation.
Monetary economics and history shows that there will be costs and ramifications for the creation of billions and trillions of euros, dollars, pounds, yen and other fiat currencies. - Goldcore via Zerohedge
Chart courtesy of Zerohedge

Already this morning, gold is up $13.50, and there events in Europe are far from being resolved.

Monday, October 10, 2011

European leadership helping to grow confusion in debt crisis

Over the past month, the European leadership, which includes Merkel, Sarkozy, Trichet, and Junker, have tossed rumors at the market of a bailout, settlement, or plan to deal with the ongoing debt crisis overwhelming the West.

However, it appears that these rumors never become substantiated, and in many cases, contradict one another, which adds to the confusion.  The only real conclusion investors and the public can make of this is:

Europe has no idea at all on how to deal with the crisis, and they are simply trying to kick the can down the road for as long as possible.

Look at these two diametrically opposed articles on Bloomberg yesterday.

Picture courtesy of Zerohedge

The question isn't which article is correct.  The realization is that Sarkozy and Merkel are clueless and should keep their opinions to themselves... for the more they speak, the more Europe burns.

Friday, July 15, 2011

Nancy Pelosi compares Obama to Job from the Old Testament

Unfortunately, she used the wrong verse to describe the TOTUS.

She should have used this scripture -

"Those who dwell in my house, and my maidservants, count me as a stranger; I am an alien in their sight." (Job 19:15)

Here is the video of her senility in full force.