Ireland May Go Bankrupt

by metatron 48 Replies latest jw friends

• 

  metatron

  see:

  http://business.timesonline.co.uk/tol/business/economics/article5733723.ece

  This is not a joke or some nutcase blog. It's serious business. The situation with Eastern European governments is similar, entire nations may go bankrupt. Many Euro nations are having trouble selling any government debt. The Euro currency itself may collapse. The only thing better about the dollar is that the Federal Reserve has more centralized power and the US still has a good birthrate. That said, I wouldn't invest in Treasuries, either... maybe the AU dollar or Canada (commodity based economies)

  My advice: prepare for massive inflation, worldwide. Concentrate on getting the most secure employment you can find. Things will get like Zimbabwe and I'm not the first to say that.

  metatron
• 

  purplesofa

  Failure to save East Europe will lead to worldwide meltdown

  The unfolding debt drama in Russia, Ukraine, and the EU states of Eastern Europe has reached acute danger point.

  http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/4623525/Failure-to-save-East-Europe-will-lead-to-worldwide-meltdown.html
• 

  Big Tex

  Didn't Iceland go bankrupt a few months ago?
• 

  oompa

  i have been wanting to go there....travel deals may be great then..........oompa
• 

  Robdar

  I hear the rich are fat and tasty
• 

  Satanus

  Currencies' values are measured against goods, and also against each other. So, since they all seem to be going down in value, why don't they all do it all at the same time? Then they will all stay the same, relative to eachother? Noone will notice.

  S
• 

  ninja

  bloody conspiracy theorists
• 

  BurnTheShips

  Remember your F's and keep plenty of them close:

  Family,

  Friends,

  Food,

  Fuel,

  Firearms.

  BTS
• 

  free2think

  Iceland or Ireland?
• 

  metatron

  If all currencies inflate, guess what holds its value because it can't be inflated?

  Gold

  metatron