RE: Jim Rogers: EuroZone financial armageddon unstoppable
I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
Toast
(This post was last modified: 06-29-2012 08:57 AM by maximus.)
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 09:49 AM)RobertN Wrote:
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 09:54 AM)maximus Wrote:
(06-29-2012 09:49 AM)RobertN Wrote:
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 09:54 AM)maximus Wrote:
(06-29-2012 09:49 AM)RobertN Wrote:
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 09:54 AM)maximus Wrote:
(06-29-2012 09:49 AM)RobertN Wrote:
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 10:49 AM)RobertN Wrote:
(06-29-2012 09:54 AM)maximus Wrote:
(06-29-2012 09:49 AM)RobertN Wrote:
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 10:49 AM)maximus Wrote:
(06-29-2012 10:49 AM)RobertN Wrote:
(06-29-2012 09:54 AM)maximus Wrote:
(06-29-2012 09:49 AM)RobertN Wrote:
(06-29-2012 08:56 AM)maximus Wrote: I posted several weeks back it was toast. A really good friend ,who happens to be one of the wealthiest men in the country, told me that everything that is going on is a charade to keep things as orderly as possible and keep people from panicking.
RE: Jim Rogers: EuroZone financial armageddon unstoppable
(06-29-2012 11:16 AM)nomad2u2001 Wrote: So how long before the EuroZone is forced to split?
I'm going to admit my ignorance in the subject, but wouldn't it be better for the world in the long run if they were to split?
It is better for the PIGS (Portugal, Ireland, Greece, Spain) to leave, for sure. But the risk is if that happens, it snowballs into chaos and the Euro dies. A Euro currency among the responsible states is not a bad idea, PROVIDED it is an extremely weak Euro government ... as weak or weaker than the US under the Articles of Confederation. If you share currency and free trade ... that's a win for everybody. If they extend the currency to one big transnational government like they're trying to do now ... that's epic fail.