It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Europe Crashed!!

page: 1
9
<<   2 >>

log in

join
share:

posted on May, 14 2010 @ 12:13 PM
link   
So the Greece Bailout was supposed to fix the economy...??? or as i see it...The bankers wanted their money back before the "Big Bang"

Even big economy like Germany and France is going down the drain.

This summer it will be chaos...!!!




European Indices:

The fall is accelerating on Spain's IBEX, down nearly 5.7%.

Portugal's PSI is down over 4%.

France's CAC 40 is down nearly 3.8%.

Germany's DAX is down over 2.5%.

The UK's FTSE is down over 2.6%.

European banks are at the center of the crisis, with several effected:

Spanish bank Banco Santander, down nearly 9.25%

Spanish bank BBVA, down around 8.2%

French bank Societe Generale, down nearly 8.2%

French bank BNP Paribas, down around 6.4%

French bank Credit Agricole, down around 6.2%

UK bank Barclays, down 6.75%

German bank Deutsche Bank, down nearly 5.3%



www.businessinsider.com...

This is Today



 


Mod edit: Fixed all caps title.


[edit on 5/14/2010 by AshleyD]




posted on May, 14 2010 @ 12:26 PM
link   

Originally posted by Snowi
So the Greece Bailout was supposed to fix the economy...??? or as i see it...The bankers wanted their money back before the "Big Bang"

Even big economy like Germany and France is going down the drain.


This is the best thing to happen to the EUROZONE since the recession..

A collapse in value of the EURO in a massive Export region..

I am delighted that this has happened.. The EU and ECB won't allow inflation and the Germans won't allow devaluation.. This is the exact same thing.. Except done by the markets.



posted on May, 14 2010 @ 12:31 PM
link   
ok i dont want to sound like a paranoid believer but it seems as we get closer to 2012 more and more things are happening.

what next? a summer war that will escalate to a world war?

something big is going to happen this year and end before the start of 2013.



posted on May, 14 2010 @ 12:32 PM
link   
The whole idea is biased. Why?
Euro is too big to fall. No one would let that happen. China has some of it's reserves in Euro and so do many other countries. Euro is going to be all right. Our economic system is either way one big lie so it does not matter.
Why I'm saying that world economy is one big lie? It's simple. Thanks to few recent years there is actually more paper money existing than there are real things covering money.
So while the purchase power has been kept pretty much intact (avearge yearly inflation under 3% in most western countries) amount of money in the world has increased way over real growth estimates. According to statistics, which I have read (Merill-Lynch, Citibank, Deutche Bank etc.) there is 5-times more money than it is really worth, because of this next ten years will follow Japanese economy trends unless we create another bubble.

By Japanese economy trends I mean economical stagnation and rising amount of loans compared to GDP.

[edit on 14-5-2010 by SpeDeZo]



posted on May, 14 2010 @ 12:39 PM
link   
reply to post by RizeorDie
 


While I don't believe on doomsdays prophecies and religious explanations, to me with the historical financial crisis and the attempt of the take over in Europe of sovereign nations by the banskters I think that the 2012 predictions means that our entire financial world will collapse to the point that Nations will fight fight over for resources, water and food, just like regional wars of conquests.


In the US already the government that think they have nothing to fear against the people have two bills in congress to control our food supplies and another one to control water resources in private land.

Wake up people something dark is heading our way . . .



posted on May, 14 2010 @ 12:45 PM
link   
So long as there is paper money, currency, floating about out there, of value to any old bod, the bwanksters do not have overall control of the markets.

Holding governments to ransom furthers the aims of those who wish to usher in electro/cyber credit exchange system.

Control the money supply and how it is distributed and the moneymongerers can control the markets and therefore all Earth's resources, including human endeavour.



posted on May, 14 2010 @ 12:51 PM
link   
One of these days, one of the "Too Big To Fails" will have no choice but to fail. That my friends, is when the proverbial sh-t will hit the global fan.



posted on May, 14 2010 @ 01:00 PM
link   
the euro-socialist state is going down the tubes, nothing else...

all the EU members will have to accept the 'austerity measures' that Greece is rioting to keep from being imposed~~~ and that attempted end result is madness

32hour work weeks at uber wages, with a guaranteed 12 weeks vacation to spend $/€, to keep the consumer economy going, along with uber health-care guarantees for the masses (& specialists for the elites)


both the EU banks & the USA banks ] all western banks have cut the system to its knees for their own gain/profit/greed


[edit on 14-5-2010 by St Udio]



posted on May, 14 2010 @ 01:00 PM
link   
I have to admit that I had a chuckle when I read that Sarkozy is reported to have threatened to pull France out of the Euro unless Merkel agreed to the new bailout..

Linky

Someone is really trying to undermine the Euro....



posted on May, 14 2010 @ 01:46 PM
link   

Originally posted by St Udio
32hour work weeks at uber wages, with a guaranteed 12 weeks vacation to spend $/€, to keep the consumer economy going, along with uber health-care guarantees for the masses (& specialists for the elites)


Em..

Where exactly does this happen?

And don't say Europe..

Twelve weeks holidays? 3 Months? 32 Hour weeks?

Are you talking about Part time teachers?

Or are you just making up nonsense?



posted on May, 14 2010 @ 01:49 PM
link   
reply to post by Dermo
 


He or she is talking about what the media put out against greece. Its all bull, but thats what the media put out against greece.



posted on May, 14 2010 @ 02:26 PM
link   
Well i read the top bod from france was at a meeting in europe the other day and he slammed his fist on the table and said france would pull out the euro if germany didn not do XYZ and germans we hear are printing DM's again according to rumor.

France just wants Greece bailout because most of the debt is owed to france so it seems i should rush to get my euro's out but what should i do with them when i had trouble getting my own money out of an isle of man bank last week and it seems others have also had trouble.

The markets will soon turn on the UK because we have just as much debt as greece in relation to GDP so do you think i should make a dash to the USD that was once worth more then a euro.

facts are if one goes down they all go down and just now are tied togeather as they crash to the ground because you see the banksters have all been paying bribes to our politicians and as soon as a politicans that the bankers don't have dirt on takes action and demands action an investigation into the fraud of the bankers the banks dip the market and want handouts and this cost us $12tr last year.

make no mistake they are engineering this crash and will introduce the amro that will be 100% digital after a few days of riots with the BBC telling us all how luckey we are to get back 50% worth of what we had the week before.

I say stuff these magots with the taxes , big brother CCTV's and police that are nothing but tax collectors. You keep the money and our debt and we will seize the assets from the rich banksters and politicans because this will in the long term work out much better than giving in to these criminals.

As your reading this you have every right to think he's talking crap well OK but if what i say becomes true then remember i've told you what way to vote and thats not with the magots even if it disrupts your trip to the super market.

We own our kids this and it's time we sorted it out once and for all because it is us that let it get to this stage.



posted on May, 14 2010 @ 02:39 PM
link   
Europe cannot crash.

UK is protecting it!



posted on May, 14 2010 @ 02:54 PM
link   

Originally posted by Doujutsu
Europe cannot crash.

UK is protecting it!


And the UK can not crash because the americans are protecting us


My money fairy is protecting the USA so were all safe right !

9/11 change the laws of physics and now we can change the laws of maths so debt = wealth

i don't think we will last a year before the market is crashed but mark my words the national debt will be higher in a years time then it is now and thats after all these a$$terity measures we are about to be served up.



posted on May, 14 2010 @ 02:57 PM
link   
reply to post by Doujutsu
 


How is the UK protecting Europe?

And for all those predicting a summer of discontent, I remember myself and many others predicting exactly the same this time last year.

I am becoming quite the cynic.



posted on May, 14 2010 @ 03:30 PM
link   
reply to post by Dermo
 


Not only that, but once the Euro is on par with the USD I am taking a vacation to Ireland and Scotland .. I refuse to go while my currency is still garbage, makes it way to expensive. I know a few other people that would go to Europe for vacation is it were just a bit cheaper.

To the OP: Not a crash. A bad day, for sure.. and more talk of breaking up the Euro and maybe even the entire EU .. which imo is a good thing. But still, not a crash.



posted on May, 14 2010 @ 03:33 PM
link   
reply to post by Doujutsu
 


Last I check the UK said Europe could fend for its self. America is the one propping the Euro right now, while Europe continues squabbling over who's going to bailout Greece.



posted on May, 14 2010 @ 03:38 PM
link   
how will th crash effet welfare benefits in england if europe crashed?



posted on May, 14 2010 @ 03:56 PM
link   
reply to post by anonymousproxy
 


Well your largest trading partners will be bankrupt sooo .... not good? If Europe "crashes" in the real sense of the word, the US and UK as well as the rest of the World will also crash.



posted on May, 15 2010 @ 07:53 PM
link   
I love how people all try to make sense of what is going on, when even the people who are paid billions, use all that geeky language and have to sit in front of government panels to explain it all CANNOT MAKE SENSE OF IT EITHER!

There are only a few things that are absolutely certain...
1. Every empire collapses.
2. A collapse of the Euro would affect EVERY nation on Earth. The $ may show an impressive rebound for a while, but that won't last, because the collapse is already underway.
3. There is absolutely no chance of the $ surviving with the massive debt and expenditure and lower tax revenue. ZERO, Nada, It's gone, get used to it.
4. The collapse of any currency will result in massive global disruption.
5. There will be massive civil unrest throughout Europe, Asia, America...

The timing all depends on millions of factors at the hands of thousands of people with an interest. One banking cartel causes a drop in one arena to create profit in another, and a government body intervenes, so a rival does something else, and another banking cartel makes another move to benefit, and on and on it goes.

This is a game between them all, and the citizens are the spectators paying for gambling addictions of these elites.
Pretty soon the people will realize they're paying for this game to be played by others and that they can no longer afford to eat, then they'll rip apart the stadium.




top topics



 
9
<<   2 >>

log in

join