February 9, 2013 by The Fundamental Sine Wave
“Is the financial system of Europe on the verge of a meltdown? I have always maintained that the next wave of the economic crisis would begin in Europe, and right now the situation in Europe is unraveling at a frightening pace. On Monday, European stocks had their worst day in over six months, and over the past four days we have seen the EUR/USD decline by the most that it has in nearly seven months. Meanwhile, scandals are erupting all over the continent. A political scandal in Spain, a derivatives scandal in Italy and banking scandals all over the eurozone are seriously shaking confidence in the system. If things move much farther in a negative direction, we could be facing a full-blown financial crisis in Europe very rapidly. So watch the financial markets in Europe very carefully. Yes, most Americans tend to ignore Europe because they are convinced that the U.S. is “the center of the universe”, but the truth is that Europe actually has a bigger population than we do, they have a bigger economy then we do, and they have a much larger banking system than we do. The global financial system is more integrated today than it ever has been before, and if there is a major stock market crash in Europe it is going to deeply affect the United States and the rest of the globe as well. So pay close attention to what is going on in Europe, because events over there could spark a chain reaction that would have very serious implications for every man, woman and child on the planet.”
I do not need to add much to this article. Simply read. We should all be paying attention to this information. For if we ignore this and allow those crooks, thugs continue with their extortion racket then we will end up with nothing.
The scam that now threatens our entire economy goes deeper than even this article. However their is an easy solution. The banks have lent our own money back to us at interest. We have borrowed our money from a mafia. Same for debts with Countries. Most financial vehicles fall into this category. They are in effect committing massive fraud against us.
For a brilliant in depth look into just how deep the corruption goes along with some very real solutions please listen to this podcast from TNS Radio. This show is from the British perspective.
Love to you all.