Europe stumbles blindly towards its 1931 moment

Europe stumbles blindly towards its 1931 moment

www.telegraph.co.u k

“Does the ECB understand the concept of contagion?” asked Jacques Cailloux, chief Europe economist at RBS. Three EMU countries have already been shut out of the capital markets, and footloose foreign creditors hold €2 trillion of debt securities issued by Spain, Portugal, Ireland and Greece.
“This is a breath-taking mixture of suicidal irresponsibility and farcical incoherence,” said Marco Annunziata from Unicredit.
“If by 2013 countries like Greece, Ireland and Portugal are still in a shaky position, any new debt issued will carry exorbitant yields. The EU would then have to c

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Related AboveTopSecret.com Discussion Threads:
www.telegraph.co.uk...

The EMU is on the brink.... Ireland stands on a precipice playing chicken with the Central bank. One would argue that they are trying desperately to protect their sovereignty instead of giving up their soul to the EU, Cabal, and NWO.. If you look at the related thread, you can see that Europeans (and the IRA) are waking up too that Banksters are trying to take over their country and remove their last hope of being nothing more than debt slaves of the elite..

www.telegraph.co.u k
(visit the link for the full news article)

This is why the silliness from "foundation X" becomes all the more interesting.. Said by Lord James to be a modern equivalent of the marshal plan!

By we have been edging towards this moment for a while, and nothing will stop it happening.. tho i don't feel the Irish central banks will fail, more like they [Ireland] will find themselves more tied to the will of those in Brussels

I hope the best for Ireland..

Blablablabla. The Telegraph is one of these nasty Anglo Saxon anti-EU newspapers that you should not even slightly pay attention to. If there's one newspaper biased against the EU, it's The Telegraph. Ironic thing is, British newspapers always speak about the PIIGS (Portugal, Ireland, Italy, Greece and Spain), but for some remarkable reason, they leave out the UK, whereas their position is not much better than that of the PIIGS.

Originally posted by Mdv2
Blablablabla. The Telegraph is one of these nasty Anglo Saxon anti-EU newspapers that you should not even slightly pay attention to. If there's one newspaper biased against the EU, it's The Telegraph. Ironic thing is, British newspapers always speak about the PIIGS (Portugal, Ireland, Italy, Greece and Spain), but for some remarkable reason, they leave out the UK, whereas their position is not much better than that of the PIIGS.

Telegraph is one of the few newspapers that tends to have it's facts straight (compared to most of the others) and usually gives a balanced story.
It's more towards the right of center and if you can read the language they use which is significantly higher than the sun newspaper for example.

It seems we have an EU lover in our midst gentlemen.

Originally posted by Mdv2
Blablablabla. The Telegraph is one of these nasty Anglo Saxon anti-EU newspapers that you should not even slightly pay attention to. If there's one newspaper biased against the EU, it's The Telegraph. Ironic thing is, British newspapers always speak about the PIIGS (Portugal, Ireland, Italy, Greece and Spain), but for some remarkable reason, they leave out the UK, whereas their position is not much better than that of the PIIGS.

Agree re Telegraph, I was told yesterday that the UK is third in line after Greece and Ireland, ie now in more trouble than Portugal, Spain and Italy, if true it doesn't chime well with Cameron banging on yesterday about the UK having the 4th highest defence spend in the world and still being a big hitter.

reply to post by WatchRider


Oh really, if they are so balanced, why do they always fail to mention Great Britain when they speak about poor performing economies like Greece and Portugal? Why do they sensationalize the EU using quantitative easing with terms like 'EU using nuclear option', while Britain has used the nuclear option for years due to the weak performing economy?

Balanced... sure. Cut the crap please.

reply to post by Mdv2


But we are now using the nuclear option, which is not QE.. It's a Royal Wedding... aka how to pick the worlds pockets. it will the be followed by the weapon of second the last resort.. a Royal baby.. which then links to the real weapon of last resort.. a Coronation

Originally posted by Mdv2
Blablablabla. The Telegraph is one of these nasty Anglo Saxon anti-EU newspapers that you should not even slightly pay attention to. If there's one newspaper biased against the EU, it's The Telegraph. Ironic thing is, British newspapers always speak about the PIIGS (Portugal, Ireland, Italy, Greece and Spain), but for some remarkable reason, they leave out the UK, whereas their position is not much better than that of the PIIGS.

whoa!!!..being against corruption and criminal activities within a body that wants total control over our country..

how incredibly nasty and unbiased...how could they be so one sided..

Originally posted by alienesque

Originally posted by Mdv2
Blablablabla. The Telegraph is one of these nasty Anglo Saxon anti-EU newspapers that you should not even slightly pay attention to. If there's one newspaper biased against the EU, it's The Telegraph. Ironic thing is, British newspapers always speak about the PIIGS (Portugal, Ireland, Italy, Greece and Spain), but for some remarkable reason, they leave out the UK, whereas their position is not much better than that of the PIIGS.

whoa!!!..being against corruption and criminal activities within a body that wants total control over our country..

how incredibly nasty and unbiased...how could they be so one sided..

edit on 16-11-2010 by alienesque because: (no reason given)

That must be it! The Telegraph is against corruption and criminal activities, that's why they are subjective towards the EU. Let me be straightforward: the Telegraph is chauvinistic and nationalistic, but hey, there seem to be many Brits who feel superior to the European mainland, so it's far from surprising.

For those who are interested there is a live news conference starting in 15 minutes about the ireland bailout from Brussels. video.consilium.europa.eu...

This should get more attention... really 1 flag?

Originally posted by HunkaHunka
This should get more attention... really 1 flag?

I don't think many people read much news from other sources around the world.

From what I can ascertain, and If I may spin out wild conjecture, I describe it this way.


America was supposed to be over-stressed, aging, freaked out, and ready to split from within. We have shocked all the world manipulators by showing the patience of Gandhi, rediscovering our sense of humor, all while not giving up and pushing for monetary justice. Basically the fed was supposed to be shattered by now, and the illegal mortgage foreclosures forgotten.

Now all the pressures being put on America have rebounded around the world, traveling west and east simultaneously.

This morning the news I read from Asia, Europe, the Middle East, was borderline hysterical. Everyone is repositioning. China is looking weak and unprepared in the face of the Success Obama had in India. At least according to the Shanghai Markets. In Europe the music has stopped and there is one chair left. Everyone, and I mean everyone wants to know if Ireland or Spain are going to take the last seat.

So there you go.
All conjecture.
But reread the OP, now, and it may make more sense.


David Grouchy