16 Responses to An unprecedented financial crisis is lurking on the horizon as Market Oracle warns of Greece’s exit from the Eurozone

  1. Grim says:

    Sad thing is, this has gone beyond crisis point. The Roman Empire fell apart when its own colonies went against it, Just as the Financial Empire will now. Growth based empires require a form of equilibrium and balance with growth being industry relevant to advances in technology, land and resource acquisition. However the time bomb is always money, food and then war. History repeating itself sadly. Shame as the technology to sustain large populations is mere years away, but will we last to see it potentially implemented or will there be nothing but chaos? Meaning nothing to save!!!! I am in no way religious, I believe in god but not as any religion can describe. But the phrase “God help us” is all I can say.

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  2. i see a problem for the future of Europe if there comes this type of financial crisis.. The financial collapse of Europe would have devastating effects world wide as most of the bigger markets would crash..Greece will be the start of it as i expect one or two more countries will also come into the spotlight sometime soon as having such economic problems of the like..Now i am not talking Spain or Italy as they have had problems for quite awhile now..I am to believe that the 5 biggest economies in Europe are Germany, England, France, Italy and Spain. Spain is the 4th largest and its near record level economic depression, Italy has its problems as well even though its been out of the spotlight the last months, England has problems with its economy with hight unemployment and rising debt as well as there is a concencion about maybe leaving the EU, That leaves France and Germany, and with France haveing a newly elected President, talks about cuts have been shadowed while there is talk about printing more currancy instead.. Where that leaves Germany is in an economic hardshell as the main economic power of Europe while the others fall to debt ridden economic duress..If Spain and Portugal leave shortly after Greece it will send signals through out the other member states as well and i would then fear a blacklash economically as other member states leave as well so try and save what is left in their economies..If this were to happen it would effect the worlds markets, more than likely causeing a crash and there a new world depression…

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  3. James says:

    Eventually the world economy is going to collapse, world war three will begin, then more likely or not a bunch of demons will appear in the sky claim to be aliens here to save mankind all you have to do is bow down to the master alien Satan. At that time the real tribulation will begin and no rapture will come like the church people expected. Most will follow the aliens into hell while a few will repent.

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  4. James, what comes next concerning the tribulation is speculation. Some of us accept the Blessed Hope of the rapture, and there are scriptures to support it just as you can find scriptures to support your vision of hell coming. “Following the aliens into hell” may not be needed, as earth will be in hell, and that includes all upon it, including the Christians who repent. that is, if the Christians are left behind instead of put in a safe place. It is not whether we deserve the safe place, it may be God’s will to save us there, regardless of whether we deserve it, if we believe in Him.

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  5. tonic says:

    For what this is worth. While walking our dogs a few days ago I discovered a new baders warren. Next day the six year old living next door was outside and I said, “Ask your Mom and Dad if you are allowed to come for a walk so I can show you where the new set of badgers have began to settle”
    He said, “I can’t”, there was a programme on tv thay he had to see.
    So I carried on.
    Then he ran after me and said,”What app is it, the badgers.?
    I said it wasn’t an app.
    He swung on his heel, pushing buttons on his mobile and muttered,”My Dad said there is an app for everything”
    Not really related to Greece, but a startling example of the disconnection occuring in this time, from nature. Unsure what it means, or where its leading.

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    • K says:

      That’s very depressing. I would’ve loved to have gone on that walk. There is a huge disconnection even though we are all so connected in technolgical ways. My friends asked why I don’t have an iPhone, use instagram, etc. a lot of information but not a lot of knowledge. The other day I was explaining an event that happened in Europe and a young woman said to me I have no idea what’s happening in other countries and she laughed about it. And another woman said oh I read that story while the other woman sounded surprised saying you read world news? Why? She said oh I was bored at work that’s the only reason I read it. I was dumbfounded and told them I read it all the time because I care and want to know. Sadly many out there don’t care or they are too concerned with what Justin Bieper tweeted.

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      • tonic says:

        Would you be very dissappointed in me if I said I never hear of Justin Bieper, and going on what you have said, will remain blissfully unaware of who he is. I did post a reply to your post, but this site is just too busy. And it never got posted.

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    • james says:

      The Hopi’s said we would be disconected from nature when this time came. If we don’t reconect we won’t make it. We have to go back to the old ways to survive, re-conect to the creator and His creation.

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      • tonic says:

        Can you imagine what it would be like to be dsconnected from nature and still have intelligance.?

        Maybe like a cell phone, or even newer gadgets we churn out everyday. Sometimes I think that the rising oceans will not swallow us up, but our own technologhy.

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  6. EuroAtlantic says:

    Strange analyis from that “market oracle”

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  7. Emanni says:

    Why Iceland Should Be in the News But Is Not

    http://bellacaledonia.org.uk/2011/08/25/why-iceland-shold-be-in-the-news-but-is-not/

    “Five years of a pure neo-liberal regime had made Iceland, (population 320 thousand, no army), one of the richest countries in the world. In 2003 all the country’s banks were privatized, and in an effort to attract foreign investors, they offered on-line banking whose minimal costs allowed them to offer relatively high rates of return. The accounts, called IceSave, attracted many English and Dutch small investors. But as investments grew, so did the banks’ foreign debt. In 2003 Iceland’s debt was equal to 200 times its GNP, but in 2007, it was 900 percent. The 2008 world financial crisis was the coup de grace.

    Contrary to what could be expected, the crisis resulted in Icelanders recovering their sovereign rights, through a process of direct participatory democracy that eventually led to a new Constitution. But only after much pain.

    As Icelanders went to vote, foreign bankers threatened to block any aid from the IMF. As Grimsson said: “We were told that if we refused the international community’s conditions, we would become the Cuba of the North. But if we had accepted, we would have become the Haiti of the North.”

    With the support of a furious citizenry, the government launched civil and penal investigations into those responsible for the financial crisis. Interpol put out an international arrest warrant for the ex-president of Kaupthing, Sigurdur Einarsson, as the other bankers implicated in the crash fled the country.

    But Icelanders didn’t stop there: they decided to draft a new constitution that would free the country from the exaggerated power of international finance and virtual money.

    To write the new constitution, the people of Iceland elected twenty-five citizens from among 522 adults not belonging to any political party but recommended by at least thirty citizens.

    Today, that country is recovering from its financial collapse in ways just the opposite of those generally considered unavoidable, The people of Greece have been told that the privatization of their public sector is the only solution. And those of Italy, Spain and Portugal are facing the same threat.”

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  8. Dave Hahn says:

    Everything we need to know is right here. Four girls living in a small village without electricity received messages from the Mother of Jesus in the years 1960-65. The chastisement revealed in the night of the screams is scary. http://www.garabandal.org/

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  9. Dave Hahn says:

    http://www.ourlady.ca/info/communism.htm This gives a little more detail or clues when all this will happpen.

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