random notes

The Mother of All Bubbles
Huge National Debts Could Push Euro Zone into Bankruptcy

Attacked by Speculators

European governments agree that saving Greece is imperative. They are worried about the euro, and the Germans are concerned about their banks, which, lured by the prospect of high returns, have become saturated with government bonds from Greece and other southern European countries. They are also terrified that after a Greek bankruptcy, other weak euro countries could be attacked by speculators and forced to their knees.

... it is obvious ...
... the story that governments pay interest on their own money has to stop somewhere ...
... the EU has to reclaim its authority in money control ...
... and the only way to get there is nationalizing "ALL" the EU central banks ...
... and reaching equilibrium with "reality" with the necessary devaluation of the Euro ...
... otherwise the only ones that can play with currency ...
... are the wall street jekyll island private vampires ...

... the "federal" reserve is as federal as federal express ...
... the US banking institution is in the hands of vultures ...
... that regard their pockets before national interest ...
... and foreign interest is even less, close to nothing ...
... they regard the EU as the financial slaves of their empire ...

... finally, the US private skunk rating agencies ...
... owned by the same wall street private vampires ...
... are "unreliable" in their ratings ...
... if they were "realistic" they should rate "junk" the entire American economy ...
... actually economies like Detroit should be rated even less ...
... for them, they would need a new rating, "garbage" ...
... because their existence is a threat to the survival of the human species ...

... with an "non fixable" hole in the western money world, of 1400 trillions ...
... there is a need of government rating agencies ...
... because private rating agencies are operating in "conflict of interest" situation ...