Dr. Marc Faber: PIIGS are going to be Slaughtered; January 13, 2010

http://snipurl.com/newworldsorder After every financial crisis there's a sovereign debt crisis, Marc Faber says. Countries that borrowed too much during the boom times start struggling to pay their competitors back, and eventually some of them default.

The countries most likely to blow up this time around are the "PIIGS": Portugal, Ireland, Italy, Greece, and Spain. One ore more of them, Faber says, will likely default in the next couple of years. And, that could result in the death of the Euro currency.

Category:

News & Politics

Tags:

• Dr. Marc Faber
• PIIGS
• Obama Fraud
• Financial Crime Cartel

[XoCaSo5]

@Stef1v Their economies? Italy is a pig country too, what are you talking about?

[IIRedFireDragon]

Then you go to war :)

[chillercm]

@brown9ja looks like your wrong. only Greece is likely to default. Portugal is doing better meeting all of its targets. Ireland is exceeding its targets...

[XISatu]

@brown9ja Marc Faber 2008 in Wikipedia: "If americans spend money at Wal Mart, it goes to China, if they spend itbon gasoline, it goes to the Arabs.If they by a computer, it goes to India. If they purchase a good car, it goes to Germany. If they purchase fruits and vegetables, it goes to Mexico, Honduras and Guatemala.... The only way to keep money in the US is to spend it on prostitutes and beer, since they are the only products still produced in US"... Congratulations !!!

[XISatu]

@brown9ja Se fosses chamar pig à puta que te pariu ?

[XISatu]

Os americanos a trabalharem para destruírem o euro.

[MrOscarBanana]

It surprises me to see how anti diplomatic this conversation is, how does anyone dare to label such an insult like pigs to these countries? Don't forget that three generations ago everyone was raising cows, no matter how blonde you were.

[HarvardBoxer]

People are already hunting squirls in the park...

[greekhop]

.. and normally you go to war.

LOL

So whos gonna fight who?

Maybe we should fight Libya... oh, we already doing that.

[DoelGr]

Germany is not giving money...Germany is lending money with an interest of 5% and where does germany find this money??well not from taxes but from loans with an interest of 2.5%(5-2.5%=profit)!Greek gorvement didnt let people to borrow,people let the Greek gorvement to borrow...anyway im not here to speak bad about my fellow europeans...one thing is certain bankers WIN,we lose!!and for fuck shake EU did more harm to greece than Greece to EU!everyone has corraption at hes country and youll see!!