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.

 

Spanish Debt Downgraded; Romanian Government Collapses

page: 1
23

log in

join
share:

posted on Apr, 27 2012 @ 09:47 AM
link   

Spain's sickly economy faces a "crisis of huge proportions", a minister said on Friday, as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.

Spain's unemployment rate shot up to 24 percent in the first quarter, the highest level since the early 1990s and one of the worst jobless figures in the world. Retail sales slumped for the twenty-first consecutive month.

Romania's opposition torpedoed the centre-right cabinet in a confidence vote on Friday, raising the prospect of months of political turmoil and questions over a belt-tightening campaign that has caused a wave of protests against IMF-backed reforms.


members.beforeitsnews.com...;_Romanian_Government_Collapses.html





posted on Apr, 27 2012 @ 10:35 AM
link   
bump

c'mon people, have you nothing to say? The dutch government fell, the UK is officially in recession again, greece is about to explode and then this happens and you have nothing to say?



posted on Apr, 27 2012 @ 10:38 AM
link   
reply to post by TheCoffinman
 


Dude... what can anyone say? We all see it. We all know what's coming. There's no surprise here and no major revelation. TPTB are in a 2-minute stalling drill and that's all they've got. Everyone should be focused on getting their own lifeboats in order and hope for the best.



posted on Apr, 27 2012 @ 10:39 AM
link   
I like Queen but every time the song is played during a Detroit Lions game the Lions end up finding a way to lose. Romania should tax the child pornorgraphy business they are the worlds leader I read the other day. Yawn it's lunchtime



posted on Apr, 27 2012 @ 10:52 AM
link   
Yep, the usual thing, stock up on food, seeds, water, sharp sticks, catapults, stones, body armour, sword or two, fire wood, clothing, footwear, garden tools.blankets. medical items. matches, candles. read all the 'survival'threads.



posted on Apr, 27 2012 @ 11:03 AM
link   
I was thinking of traveling to Europe in a couple months.








Hmm... maybe I'll go hide in the Mojave Desert instead.



posted on Apr, 27 2012 @ 05:49 PM
link   
Stock up on heirloom seeds is all i have to say.



posted on Apr, 27 2012 @ 06:29 PM
link   
To quote what Christine Lagarde said this week “light recovery blowing in a spring wind” with “dark clouds on the horizon,”

They are spelling it out in plain text, the dung is only beginning to fly, we aint seen nothing yet



posted on Apr, 27 2012 @ 06:42 PM
link   

Originally posted by TheCoffinman
bump

c'mon people, have you nothing to say? The dutch government fell, the UK is officially in recession again, greece is about to explode and then this happens and you have nothing to say?


Everybody knows the good guys lost
Everybody knows the fight was fixed The poor stay poor, the rich get rich That's how it goes
Everybody knows
Everybody knows that the boat is leaking
Everybody knows that the captain lied





posted on Apr, 27 2012 @ 06:49 PM
link   
Looks like they are playing dominoes to me. Who's next? Italy? Portugal? Who?



posted on Apr, 27 2012 @ 06:58 PM
link   
i'm sure these bankers know what they are doing, they run the show and everything happens for a reason.



posted on Apr, 27 2012 @ 07:03 PM
link   
Another "beforeitsnews.com" story huh?


But, after research, it is true. Wow.



edit on 27-4-2012 by amongus because: (no reason given)



posted on Apr, 27 2012 @ 07:03 PM
link   

Originally posted by TheCoffinman
bump

c'mon people, have you nothing to say? The dutch government fell, the UK is officially in recession again, greece is about to explode and then this happens and you have nothing to say?


Say about what? That the impending implosion of the EU monetary zone is happening as has been predicted for years? It is like we have been watching a slow train wreck for a couple hours and you just saw it and are flabbergasted that we aren't all surprised by it.

It is happening. We are all paying attention to it. I appreciate your making a thread on it. Things are going to suck.



posted on Apr, 27 2012 @ 08:21 PM
link   
I wonder if we'll make it until this Fall. I wonder if it will hit here suddenly like a sledge hammer, or if it'll just be slow resource draining and bottomless down turn.



posted on Apr, 27 2012 @ 08:51 PM
link   
This is a good video by Tony Robbins that helps put in perspective how these Gov't can and will fall because of this ever increasing debt. He creates great visuals by showing the viewer how massive a trillion is by converting $$ to time. For example, ie, 1 million seconds = 12 days, 1 billion seconds = 32 years, 1 trillion seconds = 31,688 years.


Watch Tony Robbins discuss the $15 trillion U.S. national debt -- how big is it really? And what can we do about the enormous federal budget deficit?





posted on Apr, 27 2012 @ 09:45 PM
link   

Originally posted by pikestaff
Yep, the usual thing, stock up on food, seeds, water, sharp sticks, catapults, stones, body armour, sword or two, fire wood, clothing, footwear, garden tools.blankets. medical items. matches, candles. read all the 'survival'threads.


yep, and Salt, Vinegar, Vodka (great for trading).
First Aid books will come in handy.




top topics



 
23

log in

join