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Breaking: Completed ECB Bond Exchange Is "Biggest Screwing Of Our Lives"

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posted on Feb, 17 2012 @ 02:51 PM
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Completed ECB Bond Exchange Is "Biggest Screwing Of Our Lives"


DOW JONES REPORTS THE ECB GREEK BOND SWAP IS NOW DONE. THIS MEANS THAT EACH AND EVERY EUROPEAN BOND THAT YOU OWN IS NOW SUBORDINATED TO THE ECB AND THE EUROPEAN UNION. IF THEY CAN SWAP THEIR BONDS FOR NEW BONDS WITH DIFFERENT TERMS, NO CAC CLAUSE IN THIS CASE, THEN THEY CAN SWAP THEIR BONDS FOR ANY TERMS AND CONDITIONS THEY LIKE WHILE THE BONDS OF PRIVATE HOLDERS ARE HELD TO THE ORIGINAL INDENTURE. THE EQUITY MARKETS MAY RALLY ON THIS NEWS BECAUSE THEY ARE FOCUSED ON A DEAL GETTING DONE BUT ANYONE IN FIXED INCOME SHOULD NOW CONSIDER RETCHING UNDER THEIR DESKS AS WE ALL JUST TOOK ONE OF THE BIGGEST SCREWINGS OF OUR LIVES THAT MAY WELL NOT BE A SINGULAR EVENT.


Read more at:

www.zerohedge.com...


Essentially, it means the bond market is a scam. There was a time in which bonds were one of the safest forms of investment. The people holding the bonds got paid first.....but not anymore. With this move, the little man has now been eliminated. With this swap, a select few will get the new bonds, while most will be left with zero.

I am guessing this is how things are going to go when the US Dollar crashes.


and from how things are looking, we might see a Greek default around March 20 (needs another 14 million Euros - there is no way to stop Greece from defaulting, unless the EU intends on bailing them out forever)




posted on Feb, 17 2012 @ 02:52 PM
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and it looks like March might be the end game, lots of things are happening....

March 20, Iran oil bourse stops selling oil in the US Dollar
March 20th is the first day of spring and the spring equinox. March 22 is a new moon.
March 25th is Fed announcement
Putin will be elected March 4th, 2012 to the Russian Presidency
Iranian parliamentary elections March 2, 2012
March 1, Google privacy policies change
March 8, FBI to take down internet "piracy" servers possibly blacking out the net for millions of users
March 6, Super Tuesday



posted on Feb, 17 2012 @ 03:04 PM
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Thanks for sharing, more doom and gloom, ugh, stomach turns. I read a comment somewhere this morning, someone was told 3 years ago by a wall street insider that in 3 years we'd witness a depression that would make the 1930's look easy in comparison. He said the insider said, with no pun intended, "you can take that to the bank".

Just heresay, but things are certainly falling in line for this to happen.



posted on Feb, 17 2012 @ 03:08 PM
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reply to post by SunnyDee
 


Yes, more doom and gloom, but I take it as it comes. Prepare for the worst, but make still make sure to enjoy life.



posted on Feb, 17 2012 @ 03:54 PM
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reply to post by MidnightTide
 


Exactly, the ride may be bumpy, but lets all try and have a good ride.



posted on Feb, 17 2012 @ 06:41 PM
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looks like its time to go buy a supply of baked beans again... jk... hopefully

i had to do a lengthy school assignment last semester about the european debt crisis for an upper poli sci class
definitely to good news to be seen or heard... except the interesting case of Iceland

anyhow once the economy implodes what happens?
lets say if the CIA shut off the internet the 8th (or anon will later that month)
then the economy implodes and grocery stores are empty (is that what we're al expecting?)
little communication and tremendous econ dispairity
thank god my moms side of the family lives on a farm
still tho what is there to do in the next few months and when the time comes?



posted on Feb, 27 2012 @ 03:09 AM
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Originally posted by SunnyDee
Thanks for sharing, more doom and gloom, ugh, stomach turns. I read a comment somewhere this morning, someone was told 3 years ago by a wall street insider that in 3 years we'd witness a depression that would make the 1930's look easy in comparison. He said the insider said, with no pun intended, "you can take that to the bank".

Just heresay, but things are certainly falling in line for this to happen.


That is because we are being primed for a Fascist take over. That is also the reason why they are cuddling up to muslims, bankers, and the oil cartels etc, so the Fascist have enemies to rally against.



posted on Feb, 27 2012 @ 04:12 AM
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reply to post by MidnightTide
 


hi midnighttide
is it 14 billion euros you meant to display? 14 million euros would just about cover the breakfast bill for those taking a haircut.
anywho nice thread


f




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