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Friday, 30 September 2011

Friday, 30th., September, 2011

There's a picture of myself playing a bank manager in the film, The Dalton Brothers. 

I notice that today the European Union bankers and Eurozone Leaders are looking for the last signatures to ratify their July agreement for The European Bailout Fund to increase lending from €250bn to €440bn and to allow the Fund to buy government bonds, and to engage in precautionary lending and to capitalise banks.

Well, what a mess. !

I think that we are nearly at "melt down". The European Leaders, Stock Markets, and some Global Leaders are saying that a realistic figure, now, at the end of September 2011,  is 2 Trillion Euros.

Will we, the tax payers, "play ball", with 2 Trillion Euros?. Will Greece default. ? Will the Banks survive? Will the Stock Markets crash.? Is Europe Bancrupt? Did "Capitalism" go wrong. ? Where are we going?.

We are living in "Interesting" times. ! Hold on tight, and fasten your seatbelts, we could be in for a rough ride. !  

A shortfall of one and a half trillion euros sounds serious to me, doesn't that sound serious to you too. ?

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