Dr Evil Ransom Demands Mirrors European Debt Crisis

By: readtheticker | Thu, Feb 23, 2012
Print Email
Dr. Evil

There is no simpler way of putting this, but thanks to Dr Evil common folk can understand the true measure of each stage of the European debt crisis.

Dr Evil, asked for a million dollar ransom, but he does not yet get it that a million dollars is NOT a big deal anymore. Just like Greece. Greece is easy to bailout and push around.

 

 

However asking for 100 billion dollars (like Spain or Italy) they effect is more devastating.

Currently the Germans are beating up Greece very hard, there is NO way that either the Italians or the Spanish will roll over in such a similar way (and the Germans know it) , they will go the Iceland way and default. Germany knows massive bailouts for Spain or Italy is just not going to fly with the German voters. Thus the Euro will be over on the announcement the first sovereign default (Greece if they grow a pair, Portugal, Italy or Spain).

The massive short positions on the EURO know that this is a sure thing. The US dollar will do this in the next 1 to 12 months. Subject to the order of events, money printing or country defaults. (Of course all anti dollar assets will react to the negative)

 

 

Or you can trust these folk running your central bank (Fed Reserve/ECB)

Guys

Just a bit of fun...

 


 

readtheticker

Author: readtheticker

readtheticker
www.readtheticker.com/
www.readtheticker.com/Pages/Blog1.aspx

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

LEGAL DISCLAIMER: The material is presented for educational purposes only and may contain errors or omissions and are subject to change without notice. Readtheticker.com (or 'RTT') members and or associates are NOT responsible for any actions you may take on any comments, advice,annotations or advertisement presented in this content. This material is not presented to be a recommendation to buy or sell any financial instrument (including but not limited to stocks, forex, options, bonds or futures, on any exchange in the world) or as 'investment advice'. Readtheticker.com members may have a position in any company or security mentioned herein.

Copyright © 2011-2014 readtheticker.com

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com

SEARCH





TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/