Wednesday, January 30, 2013
France is Bankrupt and is too Big to Bail
France's Labour Minister has sent shivers down the spines of his compatriots after announcing that the country is a bankrupt state - in a radio interview on Sunday. Michel Sapin later rebutted the comment, saying it was a joke. Executive Director at DV Advisors, Patrick Young, doesn't see the funny side...This has been perfectly set up. At the end of the story Germany alone will be left holding all the bills to be paid. Versailles, Nuremberg, Strasbourg /Brussels. But Germans seem to be waking up and are getting fed up. Alright, no more Euro Now the EU can collapse, along with that whole part of the world. And the most bankrupt nation on the planet is still going to remain more afloat than them! America. We defy odds, even the ones where that's BAD.
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Socialism doesn't work! Thanks France for clarifying what we already know
ReplyDeleteExcept those who are constatnly saying socialism does not work are USUALLY pushing captalism.
ReplyDeleteAnd yet when their system collapses they suddenlky scream out for socialsm to help them.
One day you will ALL wake up and realise that is is ONLY the kingdom of God that Jesus clearly lays out in great detail along with his disciples who also taught it in ALL the gospels and in ALL the letters to the churches.
It isn't capitalism or socialism it is fiat money not backed by anything of value and a debt based economy. That is what doesn't work. Capitalism would work if the government would stay out of it. It worked fine before 1913 and the Federal Reserve control of our money. That was the beginning of the downfall but it takes time to fail. When the collapse happens will people be smart enough to understand and take control of the money?
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