Massive upcoming trouble for Eurozone

but hey ? why is every falling for the media brainwash ? dont u understand thats its just a centuries old tactic to move your view away from the real problems ?

best example: why worry about a EU collapse ? greece is still wealthy compared to the united states lol .
+ if one of the big zones is going down it will affect everyone else too and not in a positive way.

and as it also got mentioned here: which US exports to europe and asia lol ? theres next to no us products left on the markets since ages. theres next to no american cars on the streets (beside the rare classic or muscle car), theres no us brand electronics in stores and so on ...... . pretty much same in asia.

even the weapon exports, one of the major stands of the us economy is dieing. germany is no.1 since long ....... feeling ashamed about that as german ....

 

lol Hazuki quality.

im waiting for a UFSE

United Federal States of Europe
or UEFS whichever

 

There might be a language barrier thing going on here but you've asked "why is every falling for the media brainwash ?" about euro crisis, then proceed to state the euro crisis will affect the entire world. That's exactly what the media is saying...lol

Plus the US and ASIA trade all kinds of stocks, finances and services with Europe, not just cars & weapons lol

Europe is a large part of the global economy if that goes to shit, US and Asia will have a bad time indeed. Sure not as bad a time as Europe, but still very unpleasent.

 

hmmm but still considering the finance trade crap as a positive part of any countries economy ?

all the money is offshore and hidden and also doesnt gets taxed anywhere ....... .
just the losses end up in the countries where the banks are "physically" located.

and cars and weapons was just a example ofcoz, but surely a very good ..... .

 

Germany recalled 8% of the total gold assets from new york (45% of all german gold assets are currently stored there) and 11% from paris which means, that they are recalling the whole stack from paris. This gold is worth 27 billion € in total. So in 2020 50% of all german gold assets will be stored in frankfurt. Compared to the debt of greece and cyprus, this is nothing (To refer some numbers: Greece 346 billion €, Cyprus 16 billion €, USA 14,46 trillion $).

See here: http://www.bundesbank.de/Redaktion/...3_01_16_lagerstellenkonzept_goldreserven.html (Sorry, german only, but the table should say enough).

As someone mentioned before, germany can not switch back to the Deutschmark, without leaving the eurozone. This would be against the rules. (some more info can be found here: http://www.ecb.int/pub/pdf/scplps/ecblwp10.pdf).

 

I've been saying for years that the Euro will be toast as soon as Germany decides it's fed up of footing the bill for bankrupt southern states. That's exactly what just happened with Cyprus.

The European Union is the world's biggest economy by GDP. Few people realize that. When the Euro goes pop it's game over for everyone.

 

I'm not the most knowledgeable on this subject but after Cypress I'd be looking for a nice Swiss banker. Tax haven or not... When the Government starts raiding bank account the writing is on the wall.

 

@A. Snow
The risk of doing so depends on the country you are currently paying taxes in.

If you are german and are trying to deposit money on a swiss bank account you haven´t taxed in germany, the chances are high, that they will catch you from illegally obtained account informations (http://www.spiegel.de/international...en-by-tax-evaders-in-swiss-bank-a-870831.html)

I would rather buy gold or emigrate

 

sadly even the swiss banks are not what they used to be, if you want to invest in something sustainable people are going for gold and silver as they are seen as a better long term investment