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Thursday, April 19, 2012

The Euro meltdown conference with Nigel Farage | Gerald Celente Trends Blog

The Euro meltdown conference with Nigel Farage | Gerald Celente Trends Blog



 Preparing for Euro Breakup - conference with MEPs Farage, Bloom and Professors W. Hankel, P. Bagus : The Debt issue in the EU IS a EURO problem. We here in the US have had our banks dump Trillions of dollars of derivatives onto the market, which has greatly affected European Central Banks. That debt, is going to keep cycling around Europe until the whole zone either falls apart, or returns to Sovereign currencies.the essential problem of all economic theory is passing off crude synthetic values for what is a real world thing/event until such data is driven by rigorous real-time values, we cannot even begin to use it and yet we do - to the detriment of all save but a few who control the system itself (Lord Acton said it best...) we must greet the synthetic quantification of the individual with hostility until a robust level of fidelity can be assured

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