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November 28th, 2011 
FAKE NEWS for the Zionist agenda 
Joe Weisenthal
Business Insider
Monday, November 28, 2011
If you’re looking for some good Euro-scare meat, look no further than this column from the FT’s Wolfgang Münchau. The basic gist: No really, now we’re getting into endgame.
Why now? Because the increase in core yields, the failure of that German bund auction, and the increase in Spanish and Italian short-term yields, as well as the tightening of money for the banks, means it’s all almost over unless Europe immediately cooks up some kind of ECB-backed/Eurobond/fiscal union concoction.
I am hearing that there are exploratory talks about a compromise package comprising those three elements. If the European summit could reach a deal on December 9, its next scheduled meeting, the eurozone will survive. If not, it risks a violent collapse. Even then, there is still a risk of a long recession, possibly a depression. So even if the European Council was able to agree on such an improbably ambitious agenda, its leaders would have to continue to outdo themselves for months and years to come.
Ultimately, Münchau reckons…
Italy’s disastrous bond auction on Friday tells us time is running out. The eurozone has 10 days at most.
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4 Responses to “Wolfgang Münchau: THE EUROZONE HAS 10 DAYS AT MOST”
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Despite the fact that I am not an accountant, I do have a calculator. Through extensive research I found if you spend more than you make, you will go into debt. If you continue to live beyond your means you will go bankrupt. Europe makes the US seem fiscally responsible.
The debt crisis in both the US and EU is outrageous. The EU is has no hope of being able to tread water. The end is inevitable.
I went though a personal bankruptcy in my early 20′s. I remember getting cash advances on one credit card to pay the other credit cards. It was hopeless. It created a debt spiral. I could not escape on my $6 an hour income from a $20,000 debt at 27% interest. In my defense, I was 23 yrs old and was trying to hold onto a smoking hot 21 yr old by living beyond my means. Eventually I burned up all my credit, and my girlfriend for some reason didn’t love me anymore.
Being 23 and wrecking my credit over a woman is one thing. Being a sovereign nation, destroying your country’s
PhilStapley Reply:
November 28th, 2011 at 5:18 am
Oops……. Damn touch screen….. Smart phone my ass…..
Anywho, continued from above…..
…….future is far more irresponsible than I ever was. My recommendation for the week is to sell short.
Vic Reply:
November 28th, 2011 at 5:32 am
rge bottom line is: people just need to say NO the game is over bankters.
we might loose what we worled for, but you are all going to jail and we will create the true prosperity ecomony that should have been when the constitution was created.
If we give in and acknowledge this criminal imposed dept called deficit, we loose and we will be slaves and so will our children and little children and there little children.
so, I see no dept, I have no dept and I will; not pay back a criminal pondsy scam that criminals are trying to impose on me. I prefer to die than serve this kind of evil.
Now just watch the actors, the chaos and the poor of mind fight it out? unable to see the trap shots.