Bob Chapman Radio Liberty 20 June 2011
Bob Chapman : Germany is in the mood of breaking this post world war 2 tradition of blaming Germany for everything the game's over they are sick and tired of suffering , with that said Europe is going to be in a terrible mess and it is going to spread , the contagion will go to England and it will affect our market particularly the money market . The average money market have 42% of their yielding in paper in Europe , now if all these government go down what are they going to do , going negative ? on top of that the New York Money center banks they are on the hook for a 120 to 130 billion dollars just in little Greece can you imagine what the figures are in Spain and in Italy ? MEGA ! Bob Chapman estimates the numbers to between 4 to 6 trillion dollars , so they all going down and they will take the whole world financial system with them and the Euro will be History ...
When Bob, when?
ReplyDeleteThe Euro may go down eventually but not until they
ReplyDeletego thru a lot of 'QE style' stimulation just as the US will continue to do.
We all know that both the US and Europe economies
are a 'house of cards' but there remain a few
trump cards up the 'Banksters sleeves' left
to be played which I think you are seriously underestimating Bob.