EU on brink: France declares 'state of economic emergency', Germany faces financial ruin.

All currencies that are not gold are doomed to fail eventually. Monopoly money.

a reply to: Oannes

Our fixation on the shiny metal is the only reason why gold is so valued.
Gold is overrated in my opinion.
Except for science.

originally posted by: Oannes
All currencies that are not gold are doomed to fail eventually. Monopoly money.

Gold is also monopoly money. During the times where gold supposedly held the most value, the true stores of wealth were in salt and pepper.

originally posted by: NateTheAnimator
a reply to: gladtobehere

The "far right" ie the "radicals" want to quit the EU, they want their borders and sovereignty back, what a bunch of crazy extremists!

As stated in the article you posted, This will not end well for the individual EU nations if the EU falls apart.
To say that this is a good thing is incredibly misguided, yes the European countries gain their sovereignty back but at what cost? Complete and utter economic despair that will drive people and their families into poverty...Also the central banks will still have a strangle hold on them and they'll be reverting back to the old system. How is that in anyway good..You seem to be underestimating how bad the consequences of such actions could be for all of Europe and on top of that the global economy.

I seriously think you should reconsider your stance on this issue.

Anti EU sentiment is based on information fed through anti EU papers. Well surprise surprise they have never told the full truth. The EU has some severe problems for sure but if people think going it alone is better then they are in for a sharp shock.

You don't have to take my word for it, England will come out of the EU after the referendum and Scotland and Wales will stay in. Then the proverbial will hit the fan.

Oh by the way if the EU is really in the dire state expressed here what on earth do you think those EU countries will do when the UK votes to leave. Carry on as usual or wash their hands of the UK ASAP.....it's not rocket science. Contracts will be fulfilled but not renewed DUH!!!!

You understand this collapse may not be a "bug" but a feature?

It may have never been intended to work, but instead it may have been a Trojan horse just like Obamacare - a system designed from the outset to fail with the very global cabal of the NWO visibly at its head for all to see.

Now we think we have their measure. We think we're smart and know what they're up to. So when it fails and falls, they bring out their messiah, their leader who will bring us out of this failed NWO order attempt and usher in the real one they've been designing behind the scenes all along. And because we think we've seen their brilliant plan, we'll all fall all over ourselves to join this new world order under this brilliant messiah.

Remember I, Pet Goat II. It's all there. One World Order, One World Religion and because the collapse of this system they want us to think is that one is falling, many will buy it and join up. Cashless, peace and safety after the chaos of collapse ...

All you need to do is get the chip implanted.

If this happens, the few will still have all they have now and the man will suffer even more.

Really. At no point will those in control/with power/influence suffer.

Derek

originally posted by: Viesczy
If this happens, the few will still have all they have now and the man will suffer even more.

Really. At no point will those in control/with power/influence suffer.

Derek

The reason for this is that most people don't understand the concept of wealth. Wealth has nothing to do with how much money you have. You can have a million dollars under your mattress or a pile of gold and still not be wealthy. The true measure of wealth isn't in how much you have but rather how fast you can generate more.

This again is why a stockpile of gold as an investment is a poor choice. Gold may be a hedge against an instability in currency (and I do emphasize may there) but gold generates 0 returns, it just sits there. People with power and influence can have 99% of their fortunes disappear and it doesn't affect them because of the speed at which they generate new wealth.

Hey hey come on guys, the Europeans are our friends! The only ones that will suffer are our the honest citizens of Europe! Not the bank CEO's, or the politicians, or the royal families.

Chains reactions and domino effects do affect us all too! Inn any case, it is very wise that I have continued to divest my paper currency into metals, and suggest everyone continue to do so. I predicted a 6-18 month buying windows to my friends back in the fall. I think were down to 4-14 months now before prices start taking off. Yea big window, but if your a regular metals man, you will know and see when the window is starting to close. It only means we slow the purchasing and reduce the volume. But we never stop converting it back to real money.

Also, I always thought the Amero was just some big joke. I mean the name does not even sound serious!

The global economy will collapse between 2019 and 2022. Read here from OAY 20:

translate.google.fr...< br />
Ignorance is not an option if we want to survive.

something to bear in mind when thinking about these problems that are being engineered into society-

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of.” – Edward Bernays (“the father of public relations”), Propaganda, 1928 (note that Bernays’ book, Propaganda, begins with the above quote).

and this- Euro-federalists financed by US spy chiefs

Why do you think banking interests are trying to destabilise various countries??

Anyone remember the "Amero"?

That is an easy to understand example of what is going on in Europe.
The Canadian dollar is currently worth only 72 cents in the US, primarily due to the fact Canada is dependent on oil revenues. Perhaps the two countries are seen as having competing interests?

Competing interest could be seen as the cause for the US civil war when the Southern States gained an advantage from non taxable refugee labor. Why wasn't there legislation proposed to change the slave ship industry that was operating out of the northern states?

How tough would it have been to ensure that African refugees left those ships as free men and women rather than indentured servants paying an exorbitant price for the cost of their passage to the free world?

originally posted by: Metallicus
a reply to: gladtobehere

I am eager to see the EU fall as well. I am an anarchist at heart.

Are you sure you aren't a chaotic? Many people confuse the two..

Anarchy is based on strict adherence to rules by all - voluntarily. The freedom of the anarchist lies in the fact he is willing to give up a lot of his liberties to allow others to have them. Real anarchy is when all feel that service to others is more important than service to self. Given that our population is not capable of doing that, the majority of the population enforces its rules on the entire population, hence oppresses the basic rule of anarchy: "no man over another". In this situation, the best you can do is be a socialist, hence help install the tradition of service to others.

Leaving the EU is a step AWAY from real anarchy.

Hence I believe you aren't an anarchist. You are a chaotic: a person opposed to governance, period.

a reply to: Oannes

Frankfurt becomes Bundesbank's largest gold storage location

The Bundesbank successfully continued its transfers of gold last year. In 2015, 210 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: around 110 tonnes from Paris and just under 100 tonnes from New York. ""With approximately 1,403 tonnes of gold, Frankfurt has been our largest storage location, ahead of New York, since the end of last year,"" said Carl-Ludwig Thiele, Member of the Executive Board of the Deutsche Bundesbank. ""The transfers are proceeding smoothly. We have succeeded in once again significantly increasing the transport volume compared with 2014. This means that operations are running very much according to schedule,"" added Thiele.

According to its gold storage plan, unveiled in 2013, the Bundesbank will be storing half of Germany's gold reserves in its own vaults in Frankfurt am Main from 2020 onwards. This necessitates a phased transfer to Frankfurt am Main of 300 tonnes of gold from New York and all 374 tonnes of gold from Paris.

a reply to: Slichter

That is an easy to understand example of what is going on in Europe.
The Canadian dollar is currently worth only 72 cents in the US, primarily due to the fact Canada is dependent on oil revenues. Perhaps the two countries are seen as having competing interests?

Not really the US and Canada so much as the US and Canada v OPEC, mainly the Saudis. Prior to the oil boom in non-OPEC countries, they controlled the whole system through their cartel. But they delved too deeply and too greedily shall we say, and they opened the door to where the massive oil resources in other countries become economically viable to develop. So those other countries did and undermined the cartel.

The Saudis have moved to open the spigots on their (and the rest of the cartels) cheap reserves in an effort to choke out all their global competitors. They LIKE having their monopoly, and they'll move to keep doing so as long as they can. This is causing the weakness in the Canadian dollar and the bankruptcy in US oil ventures. It is also causing economic collapse in Venezuela - an OPEC member.

a reply to: rickymouse

I agree somewhat, especially since the growth model is largely based on the idea that populations grow over time - so immediately start to suffer when people get more education and birth rate slows.

France's state of economic emergency is a fraud. Partly it is true that France is bankrupt, but the main reason of such "state of emergency" has nothing to do with the economy. It has to do with failed political insanity, especially regarding Syria, but also on Libya and other parts of Africa. The economics story is used nowadays like a public scare. It reminds very much of public scare crated by the fanatical european oligarchy during medieval/feudal periods.

a reply to: ManFromEurope

Germany does have financial problems.

a reply to: TaleDawn

Nope. Treasure secretary Schäuble just told about 23.000.000.000 EUR surplus in his budget.

France's emergency law is not about economics. It is about an ongoing secret invasion of Libya by France, Italy and the UK.
As professional NATO destroyer/losers, the defeat in Afghanistan and Iraq wasn't enough for them, so after total defeat in Syria as well, will attempt to invade Lybia and with it all of Africa, for the glory of colonialism

ECB's latest announcement of another massive quantitative easing to bailout completely bankrupt states led by depraved regimes of southern european states like Italy (the most corrupt entity in history of mankind) and other, has massively accellerated the crash rate of the EU's economical situation. Any attempt at actually implementing such suicidal policy would inevitably lead to the implosion of the EU economy. Meanwhile in the middle of this, the EU is busy with its favourite cover-up (i.e. The migrants).....

... Is a Euro9-11 coming??? Are the scoundrels infesting the Brussels getting ready to invade africa??? Mind that any invasion of any african country (most probably Libya) will inevitably lead to the bogging down of all EU forces, by terrorists from every african country.