2013년 11월 28일 목요일

About 'us government debt'|US Government Debt vs. Silver







About 'us government debt'|US Government Debt vs. Silver








               Greece               is               expected               to               report               as               early               as               this               weekend,               and/or               latest               by               end               of               the               month,               being               unable               to               meet               EU               set               forth               austerity               measures               amid               worsening               conditions.

Additionally,               the               private               sector               was               expected               to               play               an               important               role               buying               government               debt               in               exchange               for               credit.

That               did               not               happen               and               Greece               is               sliding               ever               more               into               darkness               and               default               on               its               debt.
               In               a               cause               and               effect               theory-               the               European               Central               Bank               -               is               expected               to               withhold               further               Greek               loans               out               of               a               second               tranche               of               EU               credit.

And               like               falling               dominos,               after               Greece,               all               eyes               will               be               on               Ireland,               subsequent               Portugal,               Italy               and               Spain.
               Although,               the               German               chancellor               wants               Greece               to               remain               in               the               EU,               Greece               has               no               choice               than               leaving               the               EU,               other               EU               member               will               force               the               German               chancellor's               hand.

The               effect               will               be               the               emergence               of               a               smaller,               but               more               stable               EU.

As               for               Greece,               the               country               will               probably               re-invent               the               Drachme.
               The               unknown               at               this               time,               is               the               exact               amount               of               Euro               billions,               European               banks               loaned               Greece?

Thereafter,               is               the               amount               of               investments               our               banks               tied               up               in               the               European               banks?

Let               the               dominos               fall               where               they               may.

No               one               really               knows               what               will               happen,               and               to               what               extend               a               European               debt               crisis               will               spread               to               the               U.S?

For               certain,               lying               ahead               is               a               very               unstable               market,               with               a               distinct               possibly,               another               U.S.

bank               bailout               may               occur               (using               public               money).

We               happen               to               live               in               an               intertwined               world.






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