The crises in Europe is intensifying. The problems there will reverberate in the US. This video explains what’s going on and where it will go next. We’re continuing a series of videos which can be found here.
Today, we’ll look at factors such as: 1) Many influential Europeans believe Greece sh0uld leave the Euro although this would cause havoc throughout Europe and the world, 2) Germany is said to be making plans to bail out their own banks after Greece is out of the Euro, 3) European bank risk of default is soaring, 4) Italians Government bonds are showing signs of stress and this is the big bellwether for all of Europe collapsing, 5) LIBOR rates have exploded, 6) An Argentinian Central Banker tells the Truth!, 7) The Swiss went crazy and promises to buy unlimited amounts of worthless paper to the detriment of their own citizens, 8) German courts made an extremely important decisions on the 7th that didn’t put an immediate end to the illegal shenanigans in Brussels, but did put a huge damper on future issues by making each decision by EU leaders go through each Parliament for approval. These and more in the video below…
We hope you enjoy this video. If you have not seen The Coming Storm video, you should do so immediately to have a fuller understanding of what lies ahead. You can do so for free by going here. Please let us know what you think of this presentation or if you have any questions, leave them in the comment section below.
This is the 3rd in a new series of Economic Update Videos. Watch the previous videos in this series at: 1) Europe Economic Update 1., 2) Europe Economic Update 2. You can see the most recent set of Economic Update videos at: 1) US Economic Update Pt 1, 2) US Economic Update Pt 2, 3) US Economic Update Pt 3, & 4) Gold & Silver Update, 5) European Economic Update, & 6) China & the World.