The reason the Europeans announced for the 19th or 20th time that they had “solved” the European financial crisis and only got a “dead cat bounce” from the market is because they have cried wolf more than once too often.
The fact of the matter is that the BIS is under lockdown and no new funny money based on forged Asian (dragon family etc.) gold certificates is being put into the system. The Europeans (except for the Germans) then realized their “real” economies were mostly non-existent and that their massive “financial services” sectors were largely based on fraud.
All this means is that Europeans will once again go back to the legendary work ethic that made them world dominating powers in the first place. It is like a junkie going cold-turkey, it hurts at first but it is actually benefiting them.
Comment by Peter jcp on July 9, 2012 at 7:13am This Benjamin Fulford guy is very controversial. He is certainly into conspiracy theories and other oddball topics and I just wonder if he is the type of reporter who does not want the truth to get in the way of a really good story ?
For me - jury is out on him and so although I find him entertaining - everything he says I take with a"pinch of salt" and would want to hear the opposite side of every story as well - to get a more balanced view.
Comment by ROBERT JOSEPH PAULO on July 10, 2012 at 3:13am yeah thats right. we'll do well to be skeptical about it.
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