IMF: EU is on the edge of collapse

[singular_me]

although I dont agree with Keiser pushing for gold/silver because there wont be any jobs in 10-15 years from now... at the beginning of this clip he is hysterical
===================================
IMF: Euro could be scrapped and EU is on the edge of collapse
10 July 2016 GMT


https://www.youtube.com/watch?v=fbh3rndGDN8

The IMF in a damning review has stated that unless major changes in the bloc are made then there is the distinct possibility that the Euro may need to be scrapped and that the entire EU project may fail.


The IMF warned of economic chaos in the event of a Leave victory and has urged a “smooth transition” for post-EU Britain.

The international organisation said: “The euro area is at a critical juncture. Muddling through is increasingly untenable.

“Unless collective problems are solved, the euro area is likely to suffer repeated bouts of economic and political instability leading to crises of confidence and economic setbacks.”

more
http://www.express.co.uk/news/world/687844/IMF-EU-brink-of-collapse-euro-currency-scrapped

[Horn]

Don't worry, singular

There is a job for you or Nigel F. 10-15 years from now in San jose C.R.,
polishing my shoes for 1/16oz. silver pieces each week. :rolleyes:

[singular_me]

sounds like a very steady job ;D


Don't worry, singular

There is a job for you or Nigel F. 10-15 years from now in San jose C.R.,
polishing my shoes for 1/16oz. silver pieces each week. :rolleyes:

[Joshua01]

sounds like a very steady job ;D
Yeah, if you like working on your knees --)

[singular_me]

I get the joke but since I landscape for money, that wont change much. As long as Horn has clean feet and socks, that inst too bad.


Yeah, if you like working on your knees --)

[Horn]

That's pretty interesting with the Leman bros. versus Deutsche Bank comparison later in that video.

10-15 years may have to be upgraded to months or weeks?

[singular_me]

massive QE looming for EU... or else?


Deutsche Bank Profit Plunges 98 Percent As The Outlook For “The World’s Riskiest Bank” Darkens
29 July 2016 GMT
By Michael Snyder

The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last September. Subsequently, Deutsche Bank stock hit an all-time low. Then I sounded the alarm about Deutsche Bank again back in May, and once again that was followed by another all-time low for Deutsche Bank. And then I warned about Deutsche Bank again in early June, and you can probably imagine what happened after that. Over the past year, this German banking giant has literally been coming apart at the seams, and in so many ways it is paralleling exactly what happened to Lehman Brothers back in 2008.

Today, we got some more bad news from Deutsche Bank. Compared to the exact same period last year, profits were down 98 percent. A nearly 100 percent drop in net income spooked a lot of investors, and Deutsche Bank shares got hit hard on Wednesday. Of course Deutsche Bank shares are already down by more than half over the past 12 months, and the financial sharks can smell blood in the water...

The primary reason why Deutsche Bank is “the world’s riskiest bank” is because of the mammoth derivatives portfolio that is possesses. It currently has 42 trillion euros of exposure to derivatives, which is an amount of money about 13 times the size of the entire German economy.

When Deutsche Bank finally goes down for good, it is going to be “the shot heard around the financial world,” and it will be a disaster many times greater than the collapse of Lehman Brothers in 2008. Just consider what Jeff Gundlach had to say about the bank earlier this year…

http://www.activistpost.com/2016/07/deutsche-bank-profit-plunges-98-percent-outlook-worlds-riskiest-bank-darkens.html

[Joshua01]

massive QE looming for EU... or else?


Deutsche Bank Profit Plunges 98 Percent As The Outlook For “The World’s Riskiest Bank” Darkens
29 July 2016 GMT
By Michael Snyder

The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably already know that I issued a major alarm about Deutsche Bank last September. Subsequently, Deutsche Bank stock hit an all-time low. Then I sounded the alarm about Deutsche Bank again back in May, and once again that was followed by another all-time low for Deutsche Bank. And then I warned about Deutsche Bank again in early June, and you can probably imagine what happened after that. Over the past year, this German banking giant has literally been coming apart at the seams, and in so many ways it is paralleling exactly what happened to Lehman Brothers back in 2008.

Today, we got some more bad news from Deutsche Bank. Compared to the exact same period last year, profits were down 98 percent. A nearly 100 percent drop in net income spooked a lot of investors, and Deutsche Bank shares got hit hard on Wednesday. Of course Deutsche Bank shares are already down by more than half over the past 12 months, and the financial sharks can smell blood in the water...

The primary reason why Deutsche Bank is “the world’s riskiest bank” is because of the mammoth derivatives portfolio that is possesses. It currently has 42 trillion euros of exposure to derivatives, which is an amount of money about 13 times the size of the entire German economy.

When Deutsche Bank finally goes down for good, it is going to be “the shot heard around the financial world,” and it will be a disaster many times greater than the collapse of Lehman Brothers in 2008. Just consider what Jeff Gundlach had to say about the bank earlier this year…

http://www.activistpost.com/2016/07/deutsche-bank-profit-plunges-98-percent-outlook-worlds-riskiest-bank-darkens.html

Looks like DB will be the first domino to fall in the impending collapse but we shall see.

[Horn]

Looks like DB will be the first domino to fall in the impending collapse but we shall see.

Germany is the designated slave horse for global zionism's cart.

Poland, Is the cart itself, lol

the master plan must call for every individual on the planet to have a larger part of a Pole's dna rammed into him from behind.

[Neuro]

sounds like a very steady job ;D

Horn will run out of Silver in 3 weeks. Besides who wear shoes in Costa Rica, especially the ones that could be polished? ;D

[Horn]

Got a point there, a pedicure might be a suitable replacement for my sandals.

toenails grow really fast here, so once every 3 weeks will do.

[Neuro]

Got a point there, a pedicure might be a suitable replacement for my sandals.

toenails grow really fast here, so once every 3 weeks will do.

Goldie and Nigel are disappointed! And you know it is only a one wo-/mans job, so who will you pick?

[Horn]

My feet are equal oppurtunity employers.

at 1/16oz Ag every 33days they can guarantee a 2yrs contract.

[singular_me]

Horn, I will have to pass since your deal isnt about shoes anymore but toe nails. Best of luck finding a candidate!


--------------------
MORE SERIOUSLY... lies after lies



‘Top brass at the International Monetary Fund (IMF) have been criticized for misjudgments over Greece, being overly enthusiastic about the euro, ignoring signs of an impending crisis, and for being influenced by national political concerns.

The criticism comes from the Fund’s own watchdog, the Independent Evaluation Office (IEO).

The IEO, which answers solely to the board of executive directors, accuses the IMF of misleading the board.’

Read more: IMF slammed by own watchdog over ‘political’ handling of eurozone crisis
https://www.rt.com/business/353914-imf-eu-euro-greece/?utm_source=browser&utm_medium=aplication_chrome&utm_campaign=chrome

[Horn]

Horn, I will have to pass since your deal isnt about shoes anymore but toe nails. Best of luck finding a candidate!


Well toenails are only part of the larger picture, if you know how to create a Trump haircut those are in demand here too.

Or teach English and German languages to the Greeks, so they can be imported also.

No male chiropractors, please.