ON 9/7 THE GERMAN HIGH COURT WILL DECIDE IF THE GERMAN CONTRIBUTIONS TO THE EU BAILOUTS ARE LEGAL. (WITHOUT GERMAN PARTICIPATION THERE CAN BE NO BAILOUT.)
AND ON EITHER 9/7 OR 9/8 OBAMA AND HIS 2 TELEPROMPTERS WILL ADDRESS CONGRESS.
I EXPECT BOTH TO GO BADLY FOR THOSE HOPING FOR A QUICK SOLUTION TO OUR GLOBAL DOUBLE DIP. GERMANY WILL RULE THAT THE BAILOUTS ARE ILLEGAL, AND OBAMA WON;T SAY ANYTHING NEW OR CONFIDENCE-BUILDING OR EVEN MEMORABLE --- LIKE 'THE ERA OF BIG UNAFFORDABLE GOVERNMENT IS OVER!".
AS A RESULT, A LARGE NUMBER OF LARGE INVESTORS WILL RESPOND BY BAILING ON THE EURO AND THE DOLLAR AND THEIR EURO AND DOLLAR STOCKS.
GOLD WILL SOAR.
SIGH.
UPDATE: THIS MAN AGREES THAT A CRASH MIGHT BE COMING.
DEDICATED TO EXPOSING DISINFORMATION AND PROPAGANDA AND TO PROMOTING UNIVERSAL HUMAN RIGHTS - WITH SHARP ANALYSIS AND BLUNT COMMENTARY. NO ADS. NO TIP-JAR. JUST THE TRUTH.
Hi.
ReplyDeleteI agree, i presume also the German high court will pronounce the bailout illegal.What will be next is a rush for gold and other valuables.The Euro will collapse unless the Chinese Gov intervenes big time.If the Euro go's the US dollar will follow.And Obama will play golf the following weekend.