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Credit Suisse: We've Entered the Last Days of the Euro
Arutz Sheva ^ | 21/11/11

Posted on 11/21/2011 3:24:20 PM PST by Eleutheria5

Economists from the Swiss bank Credit Suisse wrote on Monday that “it seems that we’ve entered the last days of the euro as we know it” and that “extraordinary things must happen for the currency and the European Union to survive.”

In a statement they released in light of the financial problems in Europe, the economists added that “in the short term, the ECB cannot handle the crisis and the new governments in Greece, Italy and Spain cannot do so either.”

(Excerpt) Read more at israelnationalnews.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: creditsuisse; eu; euro; kaput
Well, it won't do to have anybody assassinated in the Balkans, either.
1 posted on 11/21/2011 3:24:23 PM PST by Eleutheria5
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To: blam

Ping


2 posted on 11/21/2011 3:26:52 PM PST by Jet Jaguar
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To: Eleutheria5

Bring back the franc, the lira, the deutchmark, etc. Give European countries their sovereignty once again!


3 posted on 11/21/2011 3:43:33 PM PST by DLfromthedesert ( Honkies for Herman 2012)
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To: Eleutheria5
I'm Shocked!

Wait a minute, all of us Austrian school types have pointed out the inevitability of this for nearly two decades.

Okay, I'm not shocked.

4 posted on 11/21/2011 3:44:38 PM PST by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: Eleutheria5

hard day at the one world office, huh?


5 posted on 11/21/2011 3:58:53 PM PST by ken21
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To: Eleutheria5
No!!!!!

I still have 10 Euro left over from my last vacation!!!

-PJ

6 posted on 11/21/2011 4:00:08 PM PST by Political Junkie Too (If you can vote for President, then your children can run for President.)
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To: Eleutheria5

These ‘one world order’ types refused to listen to reason. As they say in the former Soviet Union, toughshifsky.


7 posted on 11/21/2011 4:06:40 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Political Junkie Too

In 2007-2008 there were numerous articles in reputable journals suggesting that the euro would inevitably replace the dollar as the reserve currency.


8 posted on 11/21/2011 4:15:11 PM PST by wideawake
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To: MrEdd

I don’t think the Eurocrats will give up so easily.

The next step is massive “quantitative easing” by ECB, despite what everyone ‘thinks’ they know about the Germans.


9 posted on 11/21/2011 4:22:09 PM PST by PGR88
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To: Eleutheria5

10 posted on 11/22/2011 5:14:50 AM PST by wolfman23601
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To: Eleutheria5

Germany = EU


11 posted on 11/22/2011 4:10:25 PM PST by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: wolfman23601

You keep posting those two pictures side-by-side as if there’s some meaning to the exercise and only you know what it is. So I’ll repeat what I posted on the other thread: Lame.


12 posted on 11/22/2011 4:43:51 PM PST by Lancey Howard
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