Nobody wants to loan money to financially troubled nations in the EU and virtually nobody wants to lend money to major European banks. The primary reasons for the financial crisis of 2008 was a major credit crunch that happened here in the United States. This burgeoning credit crunch in Europe is just one element of a "perfect storm" that is rapidly coming together as we get ready for a crash. The signs of trouble are everywhere. All over Europe, governments are implementing austerity measures and dramatically cutting back on spending. European banks are substantially cutting back on lending as they seek to meet new capital requirements that are being imposed upon them. Meanwhile, bond yields are going through the roof all over Europe as investors lose confidence and demand much higher returns for investing in European debt.
@thechevyscrounger this happens every ten years, smart people play their game, others go under, it takes a while to learn, but why not prepare and be safe, this is the big one, and knowing the motives and agenda behind it will see you through it.. its not really about making money at all its about surpassing these orchestrated events..
SovereignBeing 2 months ago
i like watching these video's ,untill they get to the point of telling you how you can make money off the collapse ,than what the hell separates you from all the other money changers that are making money on peoples grief ,besides if it all goes down ,i think youll have more to concern your self than making money ,like eatting or staying alive
thechevyscrounger 2 months ago 2
Collapse is here..
TotalCollapse . com
wwwTotalCollapseCom 2 months ago
This will be a more severe crash than the one triggered by the collapse of Lehman Brothers. Thanks Goldman Sach, IMF and NWO.
Shepuf 2 months ago