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RE: euro
It may or may not go down the pan. Who knows what these mealy mouther politicians will concoct next. It will most probably be a first aid package full of new cliche's and empty promises - just dressed up words basically. The investors may panic. There is a subtle speed walk on the banks in Greece already, slowly getting quicker. When it gets to a jog, then the situation will need monitoring closely..
If Greece goes down, it will not be the calamity some profess. It may be better for the Greeks in the long run to have got it over early on. It is if Italy or Portugal or spain follow in succession, then the big game will have begun. How it pans out will be partly due to the players response/ That will be the authorities, the financial markets, the people and a serious dose of good or bad luck(some call it the gods)
Being aware & prepped if the big game begins would be a sensible action. Any prep before this stage would not be a bad thing. The odds of this all going tits up are unknown and you are not going to find many sources with non biast info. Most sorces play it down - although the winds of change waft the smell of smoke coming from an Easterly direction. The West and North Westerly wind nowadays only smell a bit of ash & soot after the initial smoke died away. Trouble with the Easterlies, is there is a whole lot more flammable material available to conflagrate. When does a fire become a firestorm?? Usually when multiple fires join up and the resultant heat creates such an updraught of waste heat that all the oxygen is sucked out of the surrounding area at hurricane force speeds. Anyone still in the area, even outside the fire itself is suffocated wherever they attempt to take refuge.
Lets hope the game dosn't fan out that way.... Keep on preppin! Regards, TL.
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