Posted on 02/05/2010 2:37:26 PM PST by blam
Prepare For Black Wednesday All Over Again As Europe Looks Like 1992
Gregory White
Feb. 5, 2010, 4:28 PM
This past week has seen Europe swing from one crisis to the next as attention shifted from a flailing Greek government to Portugal's bout with debt.
At the center of this storm is the European Central Bank which has to make key decisions about how it deals with its Euro member states and whether it is willing to bail them out.
Europe has not been faced with such a crisis since Black Wednesday, when the exchange rate mechanism which held together the continent's currencies was challenged by a cash rich Geoge Soros and his hedge fund.
His moves put Britain moments away from meltdown as he short sold the pound to the point where the UK had to exit the agreement or face massive devaluation.
Now with weak links along its southern underbelly, Europe is doing what it can to preserve countries like Greece and Spain amid sovereign debt crises within those states.
[snip]
(Excerpt) Read more at businessinsider.com ...
We never had a black Wednesday here in the USA, so the odds are if a crash is coming, it will be on a Wednesday
You know, eventually what has been unwinding the last few years is gonna hit that “day of rekoning”. Is the world there. Is it next month - or next week?
Soros always has inside information from moles in govts. POS
The Plunge Protection Team had to work overtime this afternoon to stop the crash. If it starts sliding tomorrow look out they may not be able to stem the tide.
What surprises me is that Soros is still around doing these things to other countries. Why he is not in prison is beyound me. Or if one of his targets hedge him instead.
The man is evil. What he has done to country’s currency is crimial. If he were right of center, the left hope make him a poster boy of the evils of capitalism and creed. But since he is a lefty, the dums stand there with their hands open. So much for principals.
The sooner that mothaeffer kicks off, the better it will be for all concerned!
These guys don’t mess around. He does this crap once too often, and he will have an “accident” or an “asthma attack”.
Is it just me or does the”evil little man” look a little unhealthy? Must be hard trying to destroy the world.
This thread may be of interest to you.
Damn right!
I just hope there’s video of it, because I want to watch it over and over.
Yes. In a manlier and simpler age some Patriot would have had a question and answer session with this worldwide druglord a long time ago.
If it starts sliding on a Saturday, we’re really in trouble......
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