5 Responses to ‘Eurozone breakup will be more disastrous than 2008 economic crisis’ warns chief economist

  1. Ron says:

    I’m very concerned for my children and grandchild’s future. There just doesn’t seem to be much hope for a bright future anymore.

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    • dlhenry says:

      I totally agree with you Ron!!! I feel like most of my family looks at me stupid when I try and speak with them about this stuff. All I can do is make sure my son and wife has enough food and water, and I buy as much silver as I can get my hand on.

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  2. John J Diefenbach says:

    WE’RE LIKE PEOPLE WHO LIVE IN A HOUSE THAT SOME OF THE ROOMS ARE ON FIRE ,AND WE’RE SHUTTING THE DOOR BECAUSE WE DON’T WANT TO KNOW THE TRUTH .BUT WHAT REALLY HAPPING HERE IS WE’RE HEADINBG TO THE TEN NATION SYSTEM THAT THE BIBLE TALKS ABOUT.

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  3. luisport says:

    DISASTER: ITALY GETS DEMOLISHED, SPAIN FALLS, AND YIELDS SURGE AFTER BAILOUT

    Italy closed down 2.8 percent, Spain fell 0.5 percent, and yields soared in Spain and Italy as any enthusiasm vanished about a Spanish bank bailout.

    Yields on 10-year Italian and Spanish bonds surged, passing important benchmarks and closing at 6.52 percent and 6.04 percent, respectively.

    European markets had begun the day with an epic rally, but all major indices had erased gains by the end of the day.

    The sell-off suggested that investors are less than pleased with the Spanish bailout, in particular the fact that lending from European bailout funds would likely subordinate government bondholders, even as Spain still attempts to tap the markets for funding.

    Here are some of the scariest charts of the day…

    The Italian FTSE MIB (down 2.8%):

    Read more: http://www.businessinsider.com/disaster-italy-gets-demolished-spain-falls-flat-and-yields-surge-after-bailout-2012-6#ixzz1xVoPQXc9

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  4. EuroAtlantic says:

    Mariano Rajoy got the 1st ‘Eurobond’ after all.

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