Italy Could Beat UKIP To Braking The EU

Finally, the good ship Gravy Train is taking on water below the water line. Comments by Beppe Grillo, leader of the 5 Star political movement, will send a shudder down the necks of the overpaid numties dictating how Europeans should go about their daily lives with little concern for the misery they are causing.

“We must leave the Euro as soon as possible” said the learder of a party that polled 21.5% in the recent European Elections…This will be, if it becomes reality, a hammer blow to the German economy. No self respecting politician in the Mediterranean Countries would be able to stay if it happened and Germany would be uncovered as the worlds biggest exporter hiding in a weak currency. Of course, this is only one voice in the Italian political arena but Beppe has a soild following and the black hole of debt that is facing the government will only force voters into his clutches.

This is what I wrote in February this year in my Article Nothing Sucks Like an Electrolux …I still believe the simple solution is GERPELLED …Germany Expelled

….Germany to be expelled from the Euro. I first hinted at this in The Elephant in the Room (June 2012) and again in Kurzarbeit achieved where Blitzkrieg Failed (January 2013)…basically Germany is hiding in a weak economic zone to conquer the export world with an unfair advantage.

GLOBAL UPDATE…

China.. Sales of excavators fell in September by 33% versus 2012…This is an acceleration of the 15% decline seen during the first nine months. Regular readers will know how important construction in China is to the Economy.,..If the Chinese economy is expanding anywhere near the 7.5% it states…You can call me Waung Kin Phil!!!

Slowing House sales means slowing Excavator sales which means slower Steel sales which means slower Iron Ore/Coal sales which means slower Shipping traffic which means slower ship sales which means slower Steel sales whi…you get the point I guess…

 

Tags: , , , , , ,

Monday, October 13th, 2014 China, Consumer Debt, National Debt, Predictions, Shipping, Steel

No comments yet.

Leave a comment

You must be logged in to post a comment.

free counters

Search

 

Markets

error : cannot receive stock quote information

Posts by Date

November 2019
M T W T F S S
« Feb    
 123
45678910
11121314151617
18192021222324
252627282930  

Blogroll