AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 

  The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out

View previous topic View next topic Go down 
AuthorMessage
CovOps

CovOps

Female Location : Ether-Sphere
Job/hobbies : Irrationality Exterminator
Humor : Über Serious

 The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out Vide
PostSubject: The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out    The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out Icon_minitimeTue Jun 13, 2017 3:11 am

Did you know that the sixth largest bank in Spain failed in spectacular fashion just a few days ago?  Many are comparing the sudden implosion of Banco Popular to the collapse of Lehman Brothers in 2008, and EU regulators hastily arranged a sale of the failed bank to Santander in order to avoid a full scale financial panic.  Sadly, most Americans have no idea that a new financial crisis is starting to play out over in Europe, because most Americans only care about what is going on in America.  But we should be paying attention, because the EU is the second largest economy on the entire planet, and the euro is the second most used currency on the entire planet.  The U.S. financial system is already teetering on the brink of disaster, and this new financial crisis in Europe could turn out to be enough to push us over the edge.

 The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out The-European-Union-Flag-Coming-Apart-Public-Domain-460x307
 
If EU regulators had not arranged a “forced sale” of Banco Popular to Santander, we would probably be witnessing panic on a scale that we haven’t seen since 2008 in Europe right about now.  The following comes from the Telegraph

http://theeconomiccollapseblog.com/archives/the-next-financial-crisis-has-already-arrived-in-europe-and-people-are-starting-to-freak-out
Back to top Go down
 

The Next Financial Crisis Has Already Arrived In Europe, And People Are Starting To Freak Out

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-