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Ranger

Crisis in Europe

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Right here starts a War!!

"Spain is getting a comfortable 3% interest on their bail out for the banks but Italy has to loan their part of the bailout(20 billion Euros) at an interest of 6%.........

I bet most of the italian taxpayers dont know that they have to pay half the interest on a loan that Spain may not have the posibility to ever pay back!"

 

Ok so keep Spain and Italians at each others thoroats and NO one will see where the money goes..

It was done here!!!

The So Called Bail outs went over seas to Banks that had nothing to do with helping America!!

Oh wait we did give billions to States to help run the UNIONS!!!!!!!!!!

 

Follow The Money...wait thats just a promice on paper,and that paper is NOT WORTH more than tissue to wipe your ass.

 

Its like giving a JUNKIE a loan on a car..The only thing he will be riding is a 'HIGH'..

JMO..

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Right here starts a War!!

"Spain is getting a comfortable 3% interest on their bail out for the banks but Italy has to loan their part of the bailout(20 billion Euros) at an interest of 6%.........

I bet most of the italian taxpayers dont know that they have to pay half the interest on a loan that Spain may not have the posibility to ever pay back!"

 

Ok so keep Spain and Italians at each others thoroats and NO one will see where the money goes..

It was done here!!!

The So Called Bail outs went over seas to Banks that had nothing to do with helping America!!

Oh wait we did give billions to States to help run the UNIONS!!!!!!!!!!

 

Follow The Money...wait thats just a promice on paper,and that paper is NOT WORTH more than tissue to wipe your ass.

 

Its like giving a JUNKIE a loan on a car..The only thing he will be riding is a 'HIGH'..

JMO..

 

True post,I agree with you 100%.

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As far as I am concerned we should secede from the U.S. then Texas can keep our money instead

of the gov spreading our money to states that do not want to get along LIKE KOMIFORNIA

 

we have coal, oil, gas and deep water ports and refineries colleges and 4 season farming and ranching

everything the green folks hate {self sufficiency}

 

and we can lock down our border and charge a thru toll for trucks and impose a real safety check

so illegal trucks will not endanger our citizens and make our own INS rules.

 

So new INS Rule wont exclude good hard working Missourians from immigrating to Texas will they?

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It looks like the people of Greece made the right decision in sundays elections.

 

It seams like everybody is happy and stockmarkeds are rallying again, the vinning party is in favor fore the EU austerity deal and suddenly the sun is shining on the blue skie, birds are singing and all bad debt has disapered.... Right?

New Democrasy was the vinner party, but they have to go in to a coalition whit at least one more party and the outcome of that is still to see.

Does it really matter? I dont think so, ither way Greece is going to default and leave the monetary union.

As a mather of fakt in the long run (ten years from now) it may be good for Greece to get back to its own currency, then it will be competetiv again.

In the mean time all hell vill break loose in south of Europe, hopefully it vill only be an economick hell but i am afraid that when unemloiment passes 30%, riots in the streets will be order of the day.

 

Ranger

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As far as I am concerned we should secede from the U.S. then Texas can keep our money instead

of the gov spreading our money to states that do not want to get along LIKE KOMIFORNIA

 

we have coal, oil, gas and deep water ports and refineries colleges and 4 season farming and ranching

everything the green folks hate {self sufficiency}

 

and we can lock down our border and charge a thru toll for trucks and impose a real safety check

so illegal trucks will not endanger our citizens and make our own INS rules.

 

 

That is how German feel. Stuck with a partner who crashed the house and wants someone else to clean it up.

 

The English are feeling pretty smart right now b'c they took some heat for not joining the euro.

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Dead Calm

I remember a film whit that name long time ago; A young happy couple sailing on their honeymoon. Scary things start to happen when they find a drifting wreck as they enter the dead calm.

This is just the same that has happened in the last weeks here in Europe, the happy couple (Merkel and Hollande) thoght things were going the right way when they entered the dead calm (boerses took a break after the 100bilion promise to spain) but when they started to investegate the sinking ship(Spain) sceary things started to surface.

Seven of Spains 17 regions are now asking the spanish state for bailouts as they no longer can carry their own burdens.

Hospitals can not pay for suplies ore staff, citis are not able to pay enploiees, electrisity bills ore the gas for their police cars, and so it goes on and on.

The regions have problems paying the interests on their debts and the lending costs are passing 7.5%.

The spanish leaders ceep saying that the markeds and traders are making a big problem out of something that is not sutch a big deal. I wonder, haven we heard that before? O yes, thats right; The leaders of Greece, Portugal and Ireland said the same thing....

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The show must go on

 

To those of you that find interest in my perspectives on whats happening in Europe, i beg your pardon for the long halt in my writings.

Sometimes life smack you in the face and your full atention must be elsvere than your hobbies!

That be as it is, let us have a look at the european crisis;

 

The EU is still alive and cicking but it is geting harder and harder keeping the head above water, the current is going the wrong way and the safe haven is fading in the fog.

The downvard hill for Spain is getting steeper by the day, more than one out of four spaniards is out of work and the number of people getting evicted from their living quarters is rising. For manny families, the soup citchens are the only way to ceep hunger at bay, but what happens when you have to see your children go hungry to sleep? I know what i would do under simular circumstanses; Everything it takes!!!

To make things even worse, The region of Catalonia have started to prepare living Spain as an independent contry of their own.

The spanish government hardly takes this easy as Catalonia only holds 15% of Spains population but still delivers 25% of national gross product.

Hungry people in the streets whit no roof over their head and no hope for a job, youth unemployment on moore than 50%, Banks on the brinck of default and a region of the contry trying to get independence...

To me all this looks like a perfekt storm in the making.

Riots and caos in the streets or God forbid a new civil war.

Fortunatly we are not there yet and maybe it wil not happen at all.

Edited by Ranger

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Sounds like the 20s and 30s in Spain all over again..

50% unemployed young people..thats a powder keg for somebody to use..

food is a good motive to get people to "FOLLOW" somebody..

How are the local people reacting with the murder and taken over of our Embassy?

keep us informed.. Thanks

u b safe

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I was wrong about Greese leaving the union in 2012

I was wrong about Spain going to defoult on their loans

I have to admit i did not foresee how long the union would stretch to avoid a collapse in theese countries.

I did not understand how scared Brussels was when it came to the chanse ofcontagion to the rest of the union.

Caritas, the Spanish red cross and other humanitarian organisationes did last year spend their whole Budget at home in Spain insted of in the 3 world!

The experts say there is a light in the end of the tunnel for Spain.

Jose on the Spanish streets see the same light, only that he understand it is the Train comming....

In Italy the mafia is taking advantige of the crisis, taking over companies in trouble or lending out Money at skie hi interest.

Last year the number of homless People in London riced by 43%.

Of the EU`s 501 millon People 120 millions have Income lower than what is considered powerty!

International red cross say it is a crisis in Europe and they expect Riots on a big scale.

Let the hunger games begin.....

 

Ranger

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sorry I have not replied to the posts but it is hard to fix a date all I know is it will come everyone is in a credit problem and

 

it depends on who trips and if they can get up with or without help everyone from the sewer worker to the pope the wino to the president realizes no one can falter everyone is going to do everything and anything including manipulation and out and out forgery

to stop this tidal wave because that is what it will be and do it will wipe out everything no one will be exempt does that mean

something well yes many will starve many will commit suicide and wars will rage over natural resources it will be like WWII only worse until we have a monetary system or a barter system with some stability.

 

so it could take a while or it could happen tomorrow just like the recent ban threats who could have foreseen the event before

and just like lightening striking something of a world shattering nature can happen massive earthquakes that wipe out industrial centers we got lucky with Japan { not wanting to take anything away from how horrible it was for those poor people} but had it struck Tokyo and wiped it out that is their economic center all the world would have been shaken.

A volcano blows and ash covers the world it has happened it blotted out the sun so a whole year there were no crops.

a world war can cause havoc in financial markets,

 

we just do not know it could be a local or regional event even a continental event history has show us anything is possible

so my advice is to prepare for anything and thank God each day it has not.

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JMO..

We stand on the verg of "Something New"...But realy it is not..

 

Dont count on Jesus comming and taking you out of the trouble..Some beleve that the Rapture is close...WELL to be honest I am not worried about!!!!!!!!!!!!!!!!

 

To many so called christians have wasted there lives with ON GOING FEAR about the Rapture,JMO.Many in my family do and we dont get along much...I wont live in FEAR of anything..IT is what it is...so dont twist the news and events to fit your FEARS and prop up some teaching that cant be proved in the "New Testament"..

 

Im go ing to be very clear..look at the so called leaders today..Common sense says somebody is making a move for POWER..No different than at any other time in HISTORY..

 

JMO the difference is "Science" and "Technology",everyone has the abbility to "WATCH"what is happening now on a minute by minute bais...

 

Men in power are still the power hungry buttheads that they always have been..No matter what country you in ..

Difference is "We prepare" and stand where we can for what ever happens for our familys and friends....

 

If the shit hits the fan ...it does.. cant change it..if not ...gives me more time to prepare..

JMO..Hope this makes scents....

Brother Matt

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The European crisis are now heading North.

 

Germany have been the engine in European economi for more than 40 years but are now slowing down, a estimated Growth of 0,4% have not been seen in Germany for decades.

A lot more disturbing News is that Germanys sentral bank is pulling back 700 tons of gold from French and US deposits (mostly US).

Why this sudden urgensy to get the gold back on German soil? It makes sense to belive Reichsbanck have better inteligense than You and i got from TV and the papers.

Do to lack of information i would not speculate to much of their reasons, but i would at least be shure to pay my gold and silver in cash....

The English Economy is at a lot worse state, every one out of Three brittons do not have the Money for a holiday.

 

I am afraid the good times With easy Money and lo interest rates soon wil be a memory!

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Things have started to get interesting again here in Europe; This time it is Cyprus.

The banks of Cyprus are known to be a safe haven to black or stolen money, if this is the reason why one third of the bankdeposits are owned by russian oligarks (inkluding Vladimir Putin) would be purely speculations from meB).

There is nothing new in this, but interesting things have started to happen whitch sertenly includes the russians.

Cyprus are in fackt in deep trouble due to their banks heavy exposure to greec debt but so far the banks have been saved by by the cypriotic state and the IMF, problem is that the cypriotic state is broke and IMF does not want to play anymore.

Problem; Broke, Solution; ask the Eurpean Union for help! This have (so far) done the trick for other southern countries in trouble but the money never comes for free; From Cyprus the EU demandet that they had to implement a 9,9% bank tax on all deposits!!!

I dont know if this have ever happened in peacetime befor, but his would in fackt mean a federal confiskation of private money.

Nobody would sit still and look at a confiskation of their hard earnt money, and also so whit president Putin:rolleyes:; He caled it a crime and varned the cypriots about taking that road.

The cypriotic parliament voted against the bank tax, but they stil need the money desperatly!

So what to do when u are broke and the bank wount lend you money? You take something of value and go to the pawnshop.

Cyprus finance minister are in Moscow trying to get a deal offering the russians a navy base on their strategic island if they come up whit some money.

Cyprus is located just of the coast of Turkey in the mediteranean sea, (northern 1/3 of the island is ocupied by Turkey) and is very strategickly placed whit close proximity to Syria (where the russians used to have a big base) Israel and the midle east but allso to southern Europe. The island used to be a british collony on to 1960 and Great britton stil have to big naval bases (british teritory) there.

I can hardly belive the britts or the EU would care much for a russian naval base at this island!:mad:

By the way; If you are going there for your holliday, be sure to bring cash as all the banks and allso the ITMs are having their holliday right now.:o

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Things have started to get interesting again here in Europe; This time it is Cyprus.

The banks of Cyprus are known to be a safe haven to black or stolen money, if this is the reason why one third of the bankdeposits are owned by russian oligarks (inkluding Vladimir Putin) would be purely speculations from meB).

There is nothing new in this, but interesting things have started to happen whitch sertenly includes the russians.

Cyprus are in fackt in deep trouble due to their banks heavy exposure to greec debt but so far the banks have been saved by by the cypriotic state and the IMF, problem is that the cypriotic state is broke and IMF does not want to play anymore.

Problem; Broke, Solution; ask the Eurpean Union for help! This have (so far) done the trick for other southern countries in trouble but the money never comes for free; From Cyprus the EU demandet that they had to implement a 9,9% bank tax on all deposits!!!

I dont know if this have ever happened in peacetime befor, but his would in fackt mean a federal confiskation of private money.

Nobody would sit still and look at a confiskation of their hard earnt money, and also so whit president Putin:rolleyes:; He caled it a crime and varned the cypriots about taking that road.

The cypriotic parliament voted against the bank tax, but they stil need the money desperatly!

So what to do when u are broke and the bank wount lend you money? You take something of value and go to the pawnshop.

Cyprus finance minister are in Moscow trying to get a deal offering the russians a navy base on their strategic island if they come up whit some money.

Cyprus is located just of the coast of Turkey in the mediteranean sea, (northern 1/3 of the island is ocupied by Turkey) and is very strategickly placed whit close proximity to Syria (where the russians used to have a big base) Israel and the midle east but allso to southern Europe. The island used to be a british collony on to 1960 and Great britton stil have to big naval bases (british teritory) there.

I can hardly belive the britts or the EU would care much for a russian naval base at this island!:mad:

By the way; If you are going there for your holliday, be sure to bring cash as all the banks and allso the ITMs are having their holliday right now.:o

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............The banks of Cyprus are known to be a safe haven to black or stolen money,.:o

 

Regardless of the money's owner, when those Greek bond loose value, the bank report a net loss which reduces and business equity on the balance sheet.

 

The largest amount of "free equity" a Bank can obtain is non interest bearing deposits and then the small price for interest bearing accounts. Taxing those accounts will just move the free equity off the balance sheet and make the bank worse off.

 

If anything they should remove all interest bearing accounts and go to non interest.

 

Dont forget, OBAMA put a FDIC tax on all commercial business deposits in 2009'ish. Most Bank in US just ate the tax and lowered deposit rates to offset b/c they knew the ones that did not would lose accounts.

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Ranger,

looks like a double post - would you like the earlier one removed? Your call.

 

BamaMan,

You're very close to the point. When the law givers don't have a clue how the economy runs or how the peons/pheasants/serfs/commoners/"great unwashed" act, respond, or feel then disaster is only a matter of time. The French revolution started because the rulers were clueless. The American revolution started because the rulers were clueless. The Russian revolution started because the rulers were clueless. The Nazi takeover happened because the rulers were clueless. Seems to be a thread there.

Our current "betters" in DC are totally clueless, just like their socialist brethren in the EU. When the rulers break the social compact, the ruled WILL respond - violently, if history is a guide. In "The Prince" Machiavelli explained it perfectly and now no one bothers to pay attention. Sigh! We will once again learn that when you take all hope away, the hopeless have no reason left not to rebel. Won't be any fun but it might be interesting.

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Ranger,

looks like a double post - would you like the earlier one removed? Your call.

 

Yes sir, i was trying to correct one of my typing errors and for som reason managed to repost.

 

as long as you dont have a volleyball named wilson.

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Ranger,

looks like a double post - would you like the earlier one removed? Your call.

 

BamaMan,

You're very close to the point. When the law givers don't have a clue how the economy runs or how the peons/pheasants/serfs/commoners/"great unwashed" act, respond, or feel then disaster is only a matter of time. The French revolution started because the rulers were clueless. The American revolution started because the rulers were clueless. The Russian revolution started because the rulers were clueless. The Nazi takeover happened because the rulers were clueless. Seems to be a thread there.

Our current "betters" in DC are totally clueless, just like their socialist brethren in the EU. When the rulers break the social compact, the ruled WILL respond - violently, if history is a guide. In "The Prince" Machiavelli explained it perfectly and now no one bothers to pay attention. Sigh! We will once again learn that when you take all hope away, the hopeless have no reason left not to rebel. Won't be any fun but it might be interesting.

 

Not to put on my aluminum foil hat, but.......

 

I do not think they are clueless. I think your current White House wants to socialize the Banking System, Retirement Systems, Health Care, etc.... Sounds crazy but that is how all major regime changes happen. Take control of commerce, healthcare, and make everyone dependent on your monthly check.

 

Europe is basically there b/c socialization is the only quick cure and a leader will emerge will promise to right the wrongs of the masses by utilizing the Public Treasury for the good of "us all".

 

Probably the best thing that came of the cold war was our massive "discretionary spending on a missle defense program" and not following Europe's path of socialized public programs b/c they cannot cut the fat of those pork programs without inciting riots. Once we have O'lazy Care in place all these other cards will fall into place over a period of time. Just like Europe but quicker b/c we are so much larger a nation and our existing debt from MTG meltdown is very large.

 

10 years and you start to feel it in 2016. Will be a nasty election. Worse than 2012.

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