Debt Rattle Aug 7 2014: Europe Teeters On The Edge

[Raúl Ilargi Meijer]

Jack Delano Men outside beer parlor in Jewett City, Connecticut. Nov 1940 What did I call yesterday’s article again? Oh, that’s right, I called it Eur
[See the full post at: Debt Rattle Aug 7 2014: Europe Teeters On The Edge]

[rapier]

For the most part Ukraine seems like a blunder, a stupendous one. I’m almost positive that it is now seeming to be such in the White House but that feckless crowd are mostly bystanders as the wheels of the permanent government, world domination division, goes about its business. I believe that business is to create a fortress America and fostering chaos and collapse elsewhere serves that purpose.

Sorry un Christian, decadent,socialist Europe,

[earlmardle]

4 points of clarification.

1. We Kiwis are NOT closet Hobbit Commies, we are, mostly, Out Hobbit Commies, or perhaps Cobbit Hommies, I can never decide.

2. Our PM used to “work for Merrill Lynch, in which he became head of global foreign exchange in 1995, a position he would hold for six years. In 1999 he was appointed a member of the Foreign Exchange Committee of the Federal Reserve Bank of New York until leaving in 2001”. He is a “Insider” on the right not the left and his government strings out to HIS right..

3. Even the Russians can’t get it right. There is no prospect of NZ being able to cash in on the dairy vacuum because all local dairy producers who can, are already fully engaged in the Russian market. To do that, they need a special permit issued by the Russian Govt and no longer able to be issued (not sure why but the dairy people were saying that this morning).

4. Meanwhile, of course, the other dairy producers will be forced to dump their excess Russian product on other global markets, driving down prices in an already weak market. So not only will our dairy prices fall further, undermining the biggest source of foreign funds for NZ, but we wont be able to make it up by pinching their Russian sales.

[Author]

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