Sit down, Mr Prescott!
[pic]
Never has it been so clear. If you’re listening to the talkative brokers in the US, they say that if
Ireland falls, Portugal is next.
On the Keiser Report last night, one analyst said that bailed-out brokers from the US are attacking anything (like countries), for their own gain. It is such a corrupt market, he was shaking his head the whole time. His advice: say ‘no’, Ireland.I’m a bit more sanguine. I want Ireland to say ‘no’ and I’m going to pray for this. But, if Ireland falls, then Portugal will get a deal.
Notice how Ireland’s deal is at an ‘unsustainable’ rate of 5.75%
(according to analysts- they were saying it before, but they’re not warning anybody now. It’s bad for business). So, Ireland will be permanently enslaved.Portugal will get an even worse deal because, as Nils Prately (Guardian) says Germany wants it that way to prevent others from taking ‘the easy way out’. I would also say that Germany is sick of propping up weak countries. [it’s not the countries’ fault, it’s the ill markets, but anyway...]
Prately is fairly positive, because he talked to a US broker (Jim O’Neill, Goldman Sachs) who says that if Germany and France swallow it all, the Euro will survive. That’s wishful thinking on Goldman’s part, because they want to eat another chunk of Euro money.
However, if Portugal goes, then it will be Spain’s turn, and then Italy. When this happens, the Germans, who run the show (because they’re paying for it), will pull the plug. They will rightly see that bailing out all these countries will also bankrupt Germany itself. Then it truly is game over for the Euro and the banking system, just as I said a few months ago (I’ll get you the title and date). If the Euro is killed off, then bankers will go after their ‘pals’ in the UK and US (actually the US is being eaten up from the ‘inside’ as we speak- an inside job by Paulson, Geithner) who are being funded by China and the Oily Kings. And that’s it.
Bob’s your uncle.
Abdullah’s your king.
Saud’s law is worse that sod’s law, I assure you.Abdullah’s your king.
Bless you.
-Costick67 ~(8^P