Société Générale

Société Générale: Euro Headed For Collapse

What a headline to wake up to.  When one of the oldest banks in the world, and one that we as taxpayers helped bailout using AIG funds makes these types of statements, you better listen up. Collapse of the euro is 'inevitable': Bailing out the Greek economy futile, says FRENCH banking chief The European single currency is facing an 'inevitable break-up' a leading French bank claimed yesterday. Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide 'sticking plasters' to cover the deep- seated flaws in the eurozone bloc. The stark warning came…
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‘Worst Case Scenerio’ Global Economic Collapse

THIS is NOT sustainable, which is most likely why Obama, Harry, Nancy, Timmie, and Barney are pushing for increased debt instead of fiscal sanity.  As average Americans, we know that the $105 Trillion that our government owes is an amount we will NEVER be able to pay back in even 3 generations; the real math does not lie.  We also know that we are headed for dark days, and have been waiting for one of the big boys to step out on stage and say it out loud.   In the past year, we have seen countries all over the world…
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