How Did Europe Get In This Economic Situation And How Do They Get Out

[sidewinder]

I was just thinking that.    I use to visit the "peanut gallery" in the House and Senate when I had DC layovers.  (I know kinda nerdy) but for the life of me, listening to some of the things said and how they said it in the House especially, I don't know how they got elected. 

I mean it was embarrassing to me sometimes.   

Almost all the videos I linked to Hank Johnson and others can no longer be accessed.  Wonder how that happens.  looks like a black out to me.  Cant say I blame them but gezzzzz.

Afraid sending more Marines to Guam might cause it to tip over.  That's your leaders. 

If they want to secure secret stuff from wikileaks and guys like that why don't they just put all that stuff in the same place the are keeping Obama's birth certificate and College transcripts. 

[MetalMeister]

Here it is from DSK, Europe has only weeks left!

http://www.businessinsider.com/dsk-no-firewall-exists-europe-has-only-weeks-2011-12

[MetalMeister]

Here is a very good explanation of how the "loans" know as a Long Term Refinancing Operation are working with the ECB member banks.

How Gold, Silver And Platinum Will Respond To ECB's Money Printing

http://seekingalpha.com/article/315636-how-gold-silver-and-platinum-will-respond-to-ecb-s-money-printing

Today, about 490 billion euros ($637 billion) worth of ultra-low interest "loans" will be delivered to European banks. This cash has been provided courtesy of the ECB, which denies that it will ever engage in printing money, like the Americans, Britons and Japanese have now done for many years. The "loans" are for a 3-year period. In return for the cash, the ECB accepts various forms of "collateral," which includes the debt of insolvent southern European sovereigns. This is the largest uptake of cash in the history of the European Union, including the cash given out by the ECB after the collapse of Lehman Brothers.

That cash will, by that time, be safely invested in gold, silver, platinum and palladium!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[onlooker]

Here’s some fun, easy to understand videos on the European economic crisis.

European economics as according to David McWillaims.  He is a popular speaker both at home in Ireland and internationally.

Punk Economics – Lesson 1

January 30, 2012

http://www.davidmcwilliams.ie/2012/01/30/punk-economics

~    ~    ~

Punk Ecomonics – Lesson 2

http://www.davidmcwilliams.ie/

[MetalMeister]

That was pretty good.

Not exactly the truth about what happened in Greece but .....

Man, I wish i could draw like that!