The EU is finished: Spain Marches Toward a Depression

POST OF THE DAY ohl! nice going! :)

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Originally Posted by Old Herb Lady

http://i1166.photobucket.com/albums/...llo-smiley.gif the use of emoticons mite be a neet thing to try sumtime,
It is not ment to destract u frum the message being given. http://i1094.photobucket.com/albums/...icons_left.gif
We are all one or sumthing like dat.
http://i210.photobucket.com/albums/b...cons/asun1.gif
The messuge is whut is importante'. Don't ever forget that.
http://i1094.photobucket.com/albums/...icons_left.gif I think we should have lots of emoticons here http://i158.photobucket.com/albums/t...ticons/and.gif I think JQP should get us

sum more of dem.

http://i125.photobucket.com/albums/p.../emoticons.jpg Spelling is NOT waht is important either. Never hold it aginst sumone if they cant spell verey well. It tis rude.

Hava nice day & dont let anyone ruin the brghtness that the emoticons exude. http://i659.photobucket.com/albums/u.../skipitrip.gif

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The thing about the Duck's posts at GIM: after I read them, I couldn't recall what the hell they were about, the emoticons were so distracting. F'ing duck was a quack.

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Originally Posted by mamboni

The EU was designed to fail from the inception. Imagine imposing the same currency and interest rates on countries with vastly differing growth, trade balances and market risks. It was predictable that the southern nations would overleverage given below-market interest rates. The PIIGS were literally enticed into debt by teaser interest rates. Now, short of selling off their sovereignty, they can never pay back the money. IMHO, it was all a setup to bring about the NWO.

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Again, we are supposed to imagine how some good world order will arise out of starvation in Italy and Spain.

Quote:

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Originally Posted by mamboni

The EU was designed to fail from the inception. Imagine imposing the same currency and interest rates on countries with vastly differing growth, trade balances and market risks. It was predictable that the southern nations would overleverage given below-market interest rates. The PIIGS were literally enticed into debt by teaser interest rates. Now, short of selling off their sovereignty, they can never pay back the money. IMHO, it was all a setup to bring about the NWO.

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Yes, that is what they are hinting in the article in your OP, when they state that you can't have monetary integration without fiscal integration, meaning the EU (read the central banksters) decides what the countries budget should be, how it's population should be taxed. Certainly they will create an illusion that every country has it's say so in the process by the delegates it sends to Brussels, but at the end of the day the banksters create the agenda and they play the countries against each other so that none of the countries special interests is taken into account. People who rebel will be starved to death the same as Ukraine in the 30's!

Why Spain scares the market ... http://money.msn.com/investing/why-s...t-jubak.aspx?s