The European challenge: to live or let die
Friday, July 6, 2012 1:31:44 PM
To my opinion: too important not to be heard. Nigel Farage again, telling the truth as we know it already. His UK Independent Party (UKIP) should become a pan-european movement. It does already in some initial ways. What he didn't tell (or know yet) is the "dollar swap", possibly already in secret (what else?) at work, where the US Fed "buys" (worthless) European bonds and provides the European Central Bank and other EU institutions with freshly, out-of-the-blue printed (worthless) US dollars. Kicking the can down the road, a few weeks longer, until financial markets get the picture and speculators strike down on Italy (and its gold). In that picture don't over-estimate Germany. It's exposed to the global debts and bank solvency crisis in a major way already.
John













