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we are indeed heading into a period of unparalleled economic misery: hyperinflation, massive unemployment, and astronomical foreclosure and forfeiture rates. I think he sees some actions coming on the horizon that he is powerless to stop, unable to express publicly, and he is simply warning a colleague on the sly.
My Dear Extended Family,
Do not discount this. It has the potential of being the most important positive development in the euro since the beginning of the USA and GB's MSM/MOPE assault on Euroland's problems. This I am told is the reason behind the Euro holding above $1.30 no matter how much the US and GB MSM/MOPE is thrown at it. This is another economic war taking place under the radar of the sheeple between the USA and GB on one side and Euroland on the other. Russia and China might make the euro their reserve currency of selection if Hollande can pull off this plan. I might go to France to vote for him twice. He knows what the euro's real problem is and will work to cure it. This is extremely important in the dollar equation. It may be the most important swing factor in the political scene of gold and the US dollar. Hollande could be the political figure of this century for the upcoming euro block. It is possible. Do not discount this.
ETA: I just thought about something while typing: during the Great Depression, we experienced hyperinflation followed by hyperdeflation. Now I am getting worried! We are already seeing pretty high inflation.
Originally posted by Pelvi
reply to post by jakeistheone
It may mean that our currency will be highly devalued, and that 1000 would turn to say 15000. Making 15000 with no job because there are no jobs in this situation would be impossible, so therefore everything would be repossessed in order to get the money back.
just a guess btw