The Collaspe of Europe Inniment

EdT

New member
With France and the UK on the brinks of bankruptcy, Germany is the only on left that can stand on its own two feet.

In France today, national wide strikes and protest, a shortage of fuel for cars and airlines and the government what to move the retirement age up to 62 from 55.

France
[ame="http://www.youtube.com/watch?v=Ke_AVrV_cCg"]YouTube - Video of France riots, burning tires as pension protesters clash with police[/ame]

UK
[ame="http://www.youtube.com/watch?v=xcXZ7CORvlU"]YouTube - UK on the verge of Bankruptcy !!!!!![/ame]
[ame="http://www.youtube.com/watch?v=XbLfje8_jgI"]YouTube - Jim Rogers the UK is FINISHED !!!!!!!!!!!!!!!!!!!!!!!![/ame]
 
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i've read this thread title so many times in the pas three years. People usually always get scared in Oct/Nov, i wonder why.
 
Nothing will collapse...the governments will do everything in their powers (and bend the rules of fundamentals) to prevent this. Until there are trees they will keep on printing money...2-weeks ago it was BOJ, the U.K. just announced $160 billion and the U.S. is next. It's all short-term thinking to try and save what is left of a their respective economies.

China and the U.S. are at the center of this. China needs a low currency to keep their workers employed as they operate on cut throat margins. Any % increase in their currency hurts the bottom line. The West (especially the U.S.) are all tanking their currencies in the hopes of being competitive against China and southeast Asia.

This will probably bring along deflation in the short-term (which is not good for the economy) followed by inflation as there will be too much money in circulation.

Future generations are fucked as the 60+ year old only think about themselves these days because they are not seeing a rosy retirement...
 
It was bigger in 65, nothing collapsed after. Every fucking evenment is now a reason to call the end of the world...

[ame="http://www.youtube.com/watch?v=BcDCsCGdOm4"]YouTube - Mai68: La contestation[/ame]
 
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