To: kristinn
Well, really, it isn't. The Brits are getting ready for a European financial collapse. The UK government expects, at least, Greece, Portugal and Spain to experience bank runs and closures. They are getting their banks, their financial systems, and their people ready for that eventuality.
Well, I guess there are a few firewalls to burn through before it gets to us, it will take a couple of years, but it will get hot here.
6 posted on
12/18/2011 6:38:23 PM PST by
Former Proud Canadian
(Obamanomics-We don't need your stinking tar sands oil, or the jobs that go with it.)
To: Former Proud Canadian
"Well, I guess there are a few firewalls to burn through before it gets to us, it will take a couple of years, but it will get hot here."It could 'happen' here in a day. All it would take is the Bond market looking for higher returns. If rates go up, we are in SERIOUS trouble with the amount of debt we need to give away 'free shit' to the deadbeats.
10 posted on
12/18/2011 6:45:14 PM PST by
KoRn
(Department of Homeland Security, Certified - "Right Wing Extremist")
To: Former Proud Canadian
Well, I guess there are a few firewalls to burn through before it gets to us, it will take a couple of yearsHOURS, but it will get hot here
If Europe collapses it will chain react to our banks as soon as the opening of trading the next day.
13 posted on
12/18/2011 6:50:21 PM PST by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: Former Proud Canadian
Well, I guess there are a few firewalls to burn through before it gets to us, it will take a couple of years, but it will get hot here. I have been saying for decades, that gold will not be so valuble. It is lead that will be more valuble, the kind with a powder charge behind it.
30 posted on
12/18/2011 11:18:49 PM PST by
Mark17
(California, where English is a foreign language)
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