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Greeks went to the polls on Sunday in an election that could decide whether their heavily indebted country remains in the euro zone or heads for the exit, potentially unleashing shocks that could break up the single currency.
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So let me re-affirm again, it is the situation in Italy that you must watch. Not so much Spain but Italy. The Italians are in very serious trouble and the implications of that economy collapsing are immense and the shock waves will reach America soon after. LINK
"The media is owned by the bankers, and controlled by the government. Any more questions?"
"This isn't being reported because the MSM feels their part of the story - members of the elite - RATHER than people reporting on the elite and their crooked choices. The press has delusions of grandeur... they're fools."
"...watch Italy. Forget Spain.....but WATCH Italy. Once they fall, all the dominoes will begin to fall there after." LINK
"Related to this situation is not the situation in Spain, but the dire condition of Italy. If Spain buckles, the European Union will survive. If Italy soon follows, that may prove the Euro’s death blow.
The man calling himself Obama, when most recently told of this potential outcome, was entirely indifferent. This indifference is likely the direct result of his ignorance. So let me re-affirm again, it is the situation in Italy that you must watch. Not so much Spain but Italy.
The Italians are in very serious trouble and the implications of that economy collapsing are immense and the shock waves will reach America soon after. Measures are being taken to avert this crisis, but it is a crisis that stems from decades of fiscal neglect, and the outcome is at this time, entirely unknown to me. If Lagarde pushes but a bit harder, Italy will collapse. LINK
Originally posted by bluemirage5
reply to post by shaluach
New Democracy (ND) will win the larger popular vote; I predict Greece will keep the Euro for now.
Originally posted by cerebralassassins
Originally posted by bluemirage5
reply to post by shaluach
New Democracy (ND) will win the larger popular vote; I predict Greece will keep the Euro for now.
My sources say its 50 / 50 , there is no such indication that New Democracy will win, hence the 50 / 50.
Originally posted by starchild10
Originally posted by cerebralassassins
Originally posted by bluemirage5
reply to post by shaluach
New Democracy (ND) will win the larger popular vote; I predict Greece will keep the Euro for now.
My sources say its 50 / 50 , there is no such indication that New Democracy will win, hence the 50 / 50.
Actually I believe opinion polls gave them a slight edge.
www.bbc.co.uk...
www.phantis.com...
Whatever - nothing will happen that our political overlords don't want to happen.edit on 17-6-2012 by starchild10 because: (no reason given)edit on 17-6-2012 by starchild10 because: (no reason given)