Bob Chapman on the Alex Jones show, 6.17.2011, speaking about the coming collapse due to Europe’s ‘Lehman’ moment with the economic turmoil that Greece’s economy is creating in the eurozone, how Goldman Sachs and JP Morgan Chase have been going in and out of Greece bidding for infrastructure, and how the Bilderbergers are now on the run after the protests in St Moritz last week.
EVERYBODY PAY ATTENTION TO IRAN AND NORTH KOREA; nothing to see here, move along. One false move in Europe could set off global chain reaction If the trouble starts — and it remains an “if” — the trigger may well be obscure to the concerns of most Americans: a missed budget projection by the Spanish … Read more
For those that do not know what PIIGS stands for; it is the acronym for Portugal, Ireland, Italy, Greece, and Spain whose economies are on fire and linked to each other. The contagion is spreading and we must start thinking about who we are as Americans, how we are going to react, and what we are going to do when it all hits the fan. That trillion dollars in bad assets that the banks have not put on their balance sheets is hanging over our heads like a very sharp sword.
Everyone (by now) knows about the protests in Greece, but a protest turned violent in Ireland on Tuesday, and another protest is scheduled for Saturday. Protests are happening in cities all over Romania due to the austerity measures being put in place by their president.
Protest at Leinster House, 11th May 2010 – Next Protest Anglo Irish HQ – 2pm, Sat May 15th, 2010:
I read the following article this morning, and wanted to point out that the guy who supposedly doesn’t know how to operate an xBox or PS3 is advising world leaders on loaning trillions in bailout cash to Greece and whoever else needs it at the moment to try to slow the global trainwreck down to a manageable crash. If you read this article and you even approach the idea that any of this was Barry’s idea, and that he got it done without a few dozen central bank presidents breathing down Merkel’s neck, you are living in ‘My Little Pony’ world.
Barack Obama is pressuring Spain to make austerity cuts as the European debt crisis rumbles on, it has emerged.
The U.S. President has also been credited with helping to save the Euro, after giving advice to European leaders on how to handle the debt crisis.
U.S. officials have been adamant that Europe must take the lead in resolving the crisis.