Financial ruin in 2017?

[paolo]

stopped clock etc etc, lizards, conspire tin foil hats


In the aftermath of what has been a wild couple of weeks of trading, today a former associate of George Soros told King World News that “A thousand Lehmans” event is going to plunge the world into total chaos.

Victor Sperandeo oversees over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say.

Victor Sperandeo: “The big story for 2017 will be the breakup of the euro and it will unleash total chaos…


Victor Sperandeo continues: “Individual currencies such as the lira will come back in Europe and everybody will write-off the debt. This will unleash total chaos and Europe will go into depression.

If Marin Le Pen wins in France, the euro is toast. France will pull out of the euro and other countries will follow. The world will witness the destruction of the euro and money will flee into hard assets such as gold and silver. But it will be chaos. It will be destruction. It will be a depression.


Italy will leave the euro as well. Beppe Grillo, leader of the Five Start Movement, is going to be the next Premier of Italy and he wants out of the euro. And as soon as Italy leaves and they have control of their own currency, they will have their own central banks buy their own bonds and write them off and print the lira. Just look at Britain. The plunge in the pound is not hurting them at all. Britain is selling more goods. That’s the purpose of being able to control your own currency.”


Victor Sperandeo: “Look at what happened after Lehman, and ask yourself, ‘What is the euro relative to Lehman?’ Answer: It’s a thousand Lehman’s.

All of these Italian banks — the big ones — are bankrupt. They have 400 billion euros of non-performing loans. Where is Italy going to get the money to pay that back? They are going to have to print it. They will get the Italian central bank to print the money and give it to the banks. But what happened when Lehman folded and before Bernanke and Paulson could get the TARP money? The markets crashed. They had to come in with one trillion dollars and that saved the game.

So this will be catastrophic. Assuming countries leave the euro, that’s where we’re headed. When Renzi lost in Italy, it pointed to the fact that Italians also want to leave the European Union.”


Victor Sperandeo: “The global banking system is interconnected and Deutsche Bank has over $45 trillion in derivatives and JP Morgan has now overtaken Deutsche Bank as the leader in total derivatives exposure. So this will be horrible and I don’t even think I can describe how horrible it will be because I don’t even know all the negatives that are being hidden by the governments. People should get the lyrics to the song Bad Moon Rising and read them carefully.

I will just close by saying that grains, gold, silver and platinum are the most undervalued objects in the world. And as the financial system begins to implode, some of the money will flow into those metals as the panic into hard assets really takes hold.”

[The Ghost of Alex Higgins]

The date to be aware of is dec 12th, 2012

[warmleatherette]

Is this a late 2016 or an early 2017 annual doomsday warning as I'm ready to do an early Merry Christmas for next year on top of this years... Again.

[paolo]

sorry, i just couldn't resist

[Ralph]

There's got to be at least a 10% chance Trump will provoke a nuclear exchange with his Twitter account, so if we survive 2017 with just financial ruin we can count ourselves lucky.

Happy New Year!

[carcinogen]

Italy will always muddle through whatever anyone says. I know that much and that's all I know. Spain is a far bigger fuck-up than Italy.

[m4 colin]

Italy will always muddle through whatever anyone says. I know that much and that's all I know. Spain is a far bigger fuck-up than Italy.

They also will keep blundering along

[paolo]

I wonder how strong the euro is

seems that david cameron has also stated that it's survival is questionable

[The Ghost of Alex Higgins]

Europe will adopt the peso

It was written

Cold moon truth injection

[paolo]

Europe will adopt the peso

It was written

Cold moon truth injection

sdr's

saturn

[The Ghost of Alex Higgins]

Betamax

Gnu

Colander

[paolo]

laser disc

gnx

sieve

[The Ghost of Alex Higgins]

I see what you're saying here

[paolo]

especially the gnx, bidding on one as we speak

i hear what you're seeing too

progress

[Royal24s]

stopped clock etc etc, lizards, conspire tin foil hats


In the aftermath of what has been a wild couple of weeks of trading, today a former associate of George Soros told King World News that “A thousand Lehmans” event is going to plunge the world into total chaos.

Victor Sperandeo oversees over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say.

Victor Sperandeo: “The big story for 2017 will be the breakup of the euro and it will unleash total chaos…



Victor Sperandeo continues: “Individual currencies such as the lira will come back in Europe and everybody will write-off the debt. This will unleash total chaos and Europe will go into depression.

If Marin Le Pen wins in France, the euro is toast. France will pull out of the euro and other countries will follow. The world will witness the destruction of the euro and money will flee into hard assets such as gold and silver. But it will be chaos. It will be destruction. It will be a depression.


Italy will leave the euro as well. Beppe Grillo, leader of the Five Start Movement, is going to be the next Premier of Italy and he wants out of the euro. And as soon as Italy leaves and they have control of their own currency, they will have their own central banks buy their own bonds and write them off and print the lira. Just look at Britain. The plunge in the pound is not hurting them at all. Britain is selling more goods. That’s the purpose of being able to control your own currency.”


Victor Sperandeo: “Look at what happened after Lehman, and ask yourself, ‘What is the euro relative to Lehman?’ Answer: It’s a thousand Lehman’s.

All of these Italian banks — the big ones — are bankrupt. They have 400 billion euros of non-performing loans. Where is Italy going to get the money to pay that back? They are going to have to print it. They will get the Italian central bank to print the money and give it to the banks. But what happened when Lehman folded and before Bernanke and Paulson could get the TARP money? The markets crashed. They had to come in with one trillion dollars and that saved the game.

So this will be catastrophic. Assuming countries leave the euro, that’s where we’re headed. When Renzi lost in Italy, it pointed to the fact that Italians also want to leave the European Union.”


Victor Sperandeo: “The global banking system is interconnected and Deutsche Bank has over $45 trillion in derivatives and JP Morgan has now overtaken Deutsche Bank as the leader in total derivatives exposure. So this will be horrible and I don’t even think I can describe how horrible it will be because I don’t even know all the negatives that are being hidden by the governments. People should get the lyrics to the song Bad Moon Rising and read them carefully.

I will just close by saying that grains, gold, silver and platinum are the most undervalued objects in the world. And as the financial system begins to implode, some of the money will flow into those metals as the panic into hard assets really takes hold.”

Told you this early in the referendum debate. The Euro and then the EU itself are walking the Green Mile and have been for some time. In reality they're just a subsidiary of the trilateral commission , as I'm sure you know , and the fact that that and nafta are looking shaky following the USA election will only hasten the demise of the Euro and the eu .
I mentioned that I had a bet on the referendum with the winnings going on to the election of Donald Trump - well I also put a few bob on the break up of the EU within five years , and I've yet to lose a bet like that.
Anyway, I'm not sure whether it's okay to discuss stuff like this. Does it comply with Hillmans new code of practise ?

[paolo]

stopped clock etc etc, lizards, conspire tin foil hats


In the aftermath of what has been a wild couple of weeks of trading, today a former associate of George Soros told King World News that “A thousand Lehmans” event is going to plunge the world into total chaos.

Victor Sperandeo oversees over $3 billion, has been in the business 45 years, and has worked with famous individuals such as Leon Cooperman and George Soros. Below is what Sperandeo had to say.

Victor Sperandeo: “The big story for 2017 will be the breakup of the euro and it will unleash total chaos…



Victor Sperandeo continues: “Individual currencies such as the lira will come back in Europe and everybody will write-off the debt. This will unleash total chaos and Europe will go into depression.

If Marin Le Pen wins in France, the euro is toast. France will pull out of the euro and other countries will follow. The world will witness the destruction of the euro and money will flee into hard assets such as gold and silver. But it will be chaos. It will be destruction. It will be a depression.


Italy will leave the euro as well. Beppe Grillo, leader of the Five Start Movement, is going to be the next Premier of Italy and he wants out of the euro. And as soon as Italy leaves and they have control of their own currency, they will have their own central banks buy their own bonds and write them off and print the lira. Just look at Britain. The plunge in the pound is not hurting them at all. Britain is selling more goods. That’s the purpose of being able to control your own currency.”


Victor Sperandeo: “Look at what happened after Lehman, and ask yourself, ‘What is the euro relative to Lehman?’ Answer: It’s a thousand Lehman’s.

All of these Italian banks — the big ones — are bankrupt. They have 400 billion euros of non-performing loans. Where is Italy going to get the money to pay that back? They are going to have to print it. They will get the Italian central bank to print the money and give it to the banks. But what happened when Lehman folded and before Bernanke and Paulson could get the TARP money? The markets crashed. They had to come in with one trillion dollars and that saved the game.

So this will be catastrophic. Assuming countries leave the euro, that’s where we’re headed. When Renzi lost in Italy, it pointed to the fact that Italians also want to leave the European Union.”


Victor Sperandeo: “The global banking system is interconnected and Deutsche Bank has over $45 trillion in derivatives and JP Morgan has now overtaken Deutsche Bank as the leader in total derivatives exposure. So this will be horrible and I don’t even think I can describe how horrible it will be because I don’t even know all the negatives that are being hidden by the governments. People should get the lyrics to the song Bad Moon Rising and read them carefully.

I will just close by saying that grains, gold, silver and platinum are the most undervalued objects in the world. And as the financial system begins to implode, some of the money will flow into those metals as the panic into hard assets really takes hold.”

Told you this early in the referendum debate. The Euro and then the EU itself are walking the Green Mile and have been for some time. In reality they're just a subsidiary of the trilateral commission , as I'm sure you know , and the fact that that and nafta are looking shaky following the USA election will only hasten the demise of the Euro and the eu .
I mentioned that I had a bet on the referendum with the winnings going on to the election of Donald Trump - well I also put a few bob on the break up of the EU within five years , and I've yet to lose a bet like that.
Anyway, I'm not sure whether it's okay to discuss stuff like this. Does it comply with Hillmans new code of practise ?

lawnsy grassyou'll have to check with

he says one thing....then says another....then denies it, then vanishes when the truth outs

[Sid Pervcat]

Fuck angst fiftieth yachting wisp o hints further for JJ SNRI in duty rush bookbinding ferocity

[The Ghost of Alex Higgins]

Fuck angst fiftieth yachting wisp o hints further for JJ SNRI in duty rush bookbinding ferocity

I see what you're saying here