Sunday, July 3, 2011

GREECE, MORE FAT IN THE FIRE

THE IMF IS GIVING GREECE A $140 BILLION DOLLARS. GREECE IS THE TINY WEAK LITTLE COUNTRY WHICH COULD BRING EUROPE TO ITS' KNEES.
WITH A $420 BILLION NATIONAL DEBT SOON TO BECOME $560 BILLION UNLESS THE IMF MONEY IS A GIFT.
BY ALL ESTIMATES IT IS THOUGHT THAT WITHIN 12 TO 18 MONTHS (2012 FOR THE MAYAN CALENDAR CONSPIRATORS) GREECE WILL STILL DEFAULT, THEN FRANCE AND THE NETHERLANDS, WHO HOLD THE BULK OF THIS DEBT, WILL GET BACK PERHAPS 30 CENTS ON THE DOLLAR.
THIS THEN MAY GIVE WAY TO THE OLD DOMINO EFFECT. SPAIN, PORTUGAL AND IRELAND WITH A COMBINED NATIONAL DEBT OF OVER $2 TRILLION DOLLARS WOULD FOLLOW SUIT.
LET'S HEAR IT FOR THE NANNY STATES OF EUROPE.
NEXT THE NANNY STATES OF AMERICA!

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