The Balkanization of Europe
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Danae Stratou, Ilargi, Yanis Varoufakis and Steve Keen Feb 16 2016 When my mate Steve Keen took me to meet Yanis Varoufakis for dinner last week when
[See the full post at: The Balkanization of Europe]Here is what Mish has to say:
“Refugee Crisis Escalates: Greece Pulls Ambassador to Austria; Macedonia Announces Border Controls; 15,000 Trapped in Greece”
And here is what Armstrong first said back in 2011:
“We have probably reached the point of no return. All that is now left is the crash and burn. Only then will society reform. I simply believe we crossed that line last year. We began a new declining cycle in 2008 and that was the peak in the euro as well. The start of the real decline in the euro where mainstream capital begins to question when negative rates can really reverse or stimulate the economy unfolds after 2016.202. This comes into play March 13/14, 2016. This is not my personal opinion. This is just the modeling.”
https://www.armstrongeconomics.com/world-news/collapse-of-the-eu-is-it-inevitable/
It will be interesting to see whether it all falls apart in less than 3 weeks.
Like Mr. Armstrong, I think the cake has been baked and it is too late to do much about it.
Barrows,
The pleasure is mine. 🙂
Last night, I went to a Meetup in Melbourne – “Girl Geeks”. I felt even more out of place than I expected – age, gender and outlook.
Our host, a software firm, was telling us about their 14-weeks maternity-leave policy etc. Very “family friendly” compared to many others. I could not help thinking that these youngsters have no idea as to what is involved. I guess the whole caboodle will have to unravel before they understand.
No one seemed to have heard of banks on the brink and countries on the brink and so on. Nice while it lasts.
I have not idea as to how many visitors this site gets, but I was amazed to find that 40% of visitors are from South Africa. Strange.
https://www.alexa.com/siteinfo/http%3A%2F%2Fwww.theautomaticearth.com
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