If you want a picture of the future, imagine a boot stamping on a human face — forever or "It's better for you to burn & die at the stake than live with a heart that does not love MY God the way I think YOU should." -Terry Gross
Monday, August 13, 2012
Euro to collapse
Banks, companies and investors are preparing themselves for a collapse of the euro. Cross-border bank lending is falling, asset managers are shunning Europe and money is flowing into German real estate and bonds. The euro remains stable against the dollar because America has debt problems too. But unlike the euro, the dollar’s structure isn’t in doubt.