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Forget The Election Results - Greece Is Still Doomed And So Is The Rest Of Europe
TEC ^ | 6-18-2012 | Michael Snyder

Posted on 06/18/2012 7:30:55 AM PDT by blam

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To: SaxxonWoods
MERKEL WON'T BUDGE, SPAIN AND ITALY GET DESTROYED
21 posted on 06/18/2012 10:51:54 AM PDT by blam
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To: blam
So get ready for the hard times that are coming. The pain is going to be immense and most people are not even going to see it coming.

This should be engraved over everyone's threshhold. Anybody who does not believe this is either not paying attention or is in deep denial.

22 posted on 06/18/2012 11:07:57 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: cuban leaf

I constantly misunderestimate the ability of sovereign governments to delay the day of reckoning, especially the USA’s ability to do so. I am constantly wrong.

I use to try to invest based on knowing what was coming, but my timing has been so far off, I’ve given up. Fortunately this haven’t hurt me financially as at least I was poised for what was coming. I just thought I could make much more off of knowing, but I am always so wildly wrong on the timing, I make small amounts, not big as hoped.

At this point, I am just aiming for 100% safety and the heck with gains. Call me a coward, but it lets me sleep well at night.


23 posted on 06/18/2012 11:11:17 AM PDT by Freedom_Is_Not_Free (REPEAL OBAMACARE. Nothing else matters.)
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To: Freedom_Is_Not_Free

My old 401k just rots in bonds (improving very slowly) while the rest of my “savings” dollars goes to junk silver and improving my Prepper farm in KY.

The best investment of all is the tools that can allow you to survive if the SHTF, or support your life style if it doesn’t.


24 posted on 06/18/2012 11:43:04 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: St_Thomas_Aquinas
They’re going to get what they deserve, but sadly, so will we.

Who's to say we don't deserve it, too?

You get the government you vote for and then tolerate.

25 posted on 06/18/2012 12:08:27 PM PDT by citizen (Obomo blames:Arab Spring,Banks,Big Oil,Bush,Ceos,Coal,Euro Zone,FNC,Jpn Tsunami,T Party,Wall St,You)
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To: cuban leaf

“What sane man actually seeks the position of responsibility for a system that is on the verge of collapse and there is no human solution?”

I doubt very seriously that any election will solve this problem myself, especially when one candidate is a communist (D) and the other a socialist (R). When your debt exceeds your ability to pay it off, and you are merely paying the interest, then the point of insolvency has already been reached, and then it becomes a matter of creative accounting as to how long it can be concealed. Both parties are going to ignore this as long as they can- and pass the buck to each other until the collapse.


26 posted on 06/19/2012 6:32:23 AM PDT by GenXteacher (You have chosen dishonor to avoid war; you shall have war also.)
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To: GenXteacher

—Both parties are going to ignore this as long as they can- and pass the buck to each other until the collapse.—

I think they have been doing that for a long time. And I think the “collapse” time is about here.


27 posted on 06/19/2012 6:42:56 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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