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24/04/16

11:41

Post #: 17588971
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Originally posted by 23skidoo ↑

Ophir, there's no way Greece can meet its debt obligations, but it won't trigger bank contagion and economic collapse. Greece is a slave to the Banks. The future for Greece is endless Euro loans with more and more Greek national assets taken to pay for them. Greece's sovereignty is gone. It is well past any point of recovery. It will continue to be looted by the banks.
The EU will never let them go. It's militarily strategic in the confrontation with Russia. NATO is almost entirely funded by the US, so Washington would never allow Europe to let Greece go.

Venezuela is in the American sphere, amd the US Fed can create unlimited amounts of money from thin air. I think the US will prop up any US banks threatened by Venezuela loan defaults.
23.

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Are you sure you're not a reinvented Glenn Beck? You predict market crashes every few days. A few weeks ago you said that the market would crash 'within weeks'.

Well where is it? I've been reading the same nonsense since 2009.

Glenn Beck was a scoundrel who used to go scaremongering on US tv channels about how the World as we know it would end, a massive bout of hyperinflation and a depression was on the way. He was scamming dupes into buying gold. An earlier Peter Schiff.
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