Greece, Portugal, Italy… Germany?

It should come as no surprise to wake up to another bail out for Greece. Not to  do so would spell the end of the entire global financial system after all and the Greek government knows this. Neither should the continuing and worsening crisis in Portugal raise any eyebrows and rest assured in a couple […]

Enter the next phase of the collapse!

As was inevitable the financial collapse is entering a new and dangerous new phase. A month ago it was announced that with the bail out of the big European banks over the backs of the Greeks Greece had solved Europe’s financial woes but now the next and inevitable phase  will slowly develop as Ponzi schemes […]