November 9, 2011
According to Pepe Escobar not
even China and Russia could save the euro-zone at this point, Italy is just too
big to bail.
Italy has much more systemic implications than Greece, its debt
is larger than the rest of the periphery put together, it is too big to fail,
too big to save and to make things even worse it has a government that has not
succeeded so far to have the credibility of the markets on its reform program.
Countries are getting screwed up
because they don't have enough PAPER!
Truly this is insane.
OUR PLANET IS RICH WITH RESOURCES!
The Current predatory monetary system is the greatest threat to
human freedom, world peace, and environmental harmony, and must be abolished.
This is the The Rape of Europe by the IMF and the International
banking cartels.
We are witnessing the fall of Western civilization.
EITHER BERLUSCONI OR LAGARDE IS LYING
ABOUT WHAT HAPPENED
BETWEEN THE IMF AND ITALY
By Simone Foxman
November 5, 2011
The IMF never offered
Italy financing, according to fund chief Christine Lagarde.
That's contrary to an
earlier statement by Italian PM Silvio Berlusconi that he had turned down money from the IMF.
It looks like someone
here might not be telling the truth.
Berlusconi's statement
before sent yields on Italian bonds skyrocketing. It seemed unclear why he
admitted that the IMF had offered aid, given that the admission suggested
weakness in Italy.
The fact that this
admission could be completely fabricated seems even more puzzling.
Berlusconi's coalition is
maintaining a shaky hold over the government, however this dispute is not
likely to help his cause.
If anyone's lying here,
could it be Berlusconi. Could he be on a mission to take down all of
Europe?
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