Central Bank Chief: Euro Crisis Is Worst Since WW2

This article just pumps out in MSM and gives us picture of great warning. Like all these economical crises - those are man made. I link this whole "crises" to urgent project to make EU as tight fededation, and to do it very fast. Also I link this directly to future threats of war breaking out in Middle East and oil routes of Europe.

We are in step of last round of Iran sanctions and israel starts to be ready to wage war in Syria and Lebanon. EU needs also to alert for fight in these wars, whitch will reflect to every stages of our economies when those wars will escalate - I think these events are highly related.

The European Central Bank president, Jean-Claude Trichet, warned this weekend that Europe faces its worst crisis since the second world war as he called for a "quantum leap" from eurozone countries in getting a grip on their finances.

With political leaders across the eurozone lining up to blame the financial markets for their economic plight, Trichet said it was Europe's governments that were responsible for the euro's slump, rather than currency traders and speculators.

In an interview with German news magazine Der Spiegel, Trichet compared the situation just over a week ago – when markets went into freefall – with the start of the credit crunch. "The markets stopped functioning – it was almost like the situation after the collapse of Lehman Brothers in September 2008." He added that Europe is "undoubtedly in the worst situation since the second world war, perhaps even since the first. We have experienced, and are experiencing, really dramatic times."

www.guardian.co.uk...

- Why to mention WW2 if WW3 is not involved in these "dramatic times" ahead?

[edit on 15-5-2010 by JanusFIN]

Never trust a word any of these heads of banks or financial institutions/businesses say.

Absolutely everything they do or say is designed to lead whoever will listen down the path that they've designed, and it all leads to one thing: profit for them, destruction for us.

Perfect example:
Everyone knows that these people wait until Friday evening before releasing any information or making any statement that could affect the financial markets.

Yet, a couple of weeks ago, the head of the IMF filled a room with global media and told them that he fears the Greek instability will spread through Europe. And he did that in the middle of the week.

We don't really know why he chose to do that, breaking away from expected tradition when it comes to these things, but you can be certain it wasn't simply an accident. It was a deliberate move.

No matter what they say, whether you think they're telling the truth or not, whether you agree with it or not, DO NOT TRUST A WORD OF IT!

If you want to know what the future holds, listen to people who don't have a biased interest in manipulating the truth. Pay attention to that inner voice that tells you what to expect. Listen to the intelligent people who have nothing to gain from convincing a population to do one thing or another.
No head of a financial group, body or company has any right to be telling people their opinion; supposedly none of them saw this coming, which suggests that it was either created deliberately (they planned it and now say they didn't expect it), or these thousands of people are incapable of doing their jobs.

Either way, not one of them should be respected in deed or opinion.