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Hot Brendan Keenan's "Bleak Omens" for Europe!

Discussion in 'Europe' started by Dublin 4, Jun 16, 2017.

  1. Dublin 4

    Dublin 4 Posting Legend Political Irish

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    This is an ol Golden Oldie of mine from P.ie from the 25th March 2013, 10:12 AM

    You can judge for yourselves by way of the recent Elections in Greece, Spain & Portugal that I was indeed correct & the Eurozone is continuing to tear itself apart.

    main-qimg-c36aa6fca479f2223798f370e21e5550.jpg

    This crisis is only beginning and omens for Europe are bleak - Independent.ie

    EDITED: Site Upgrade Errors were removed today as we approach the Thread's 3rd Birthday! :)
     
    Last edited: Mar 12, 2016
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  2. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    "Greece back on agenda as creditors demand pension reforms"


    Swift completion of the first bailout review is vital for Greek debt relief to move ahead

    The surprise election of Kyriakos Mitsotakis last weekend as leader of the New Democracy party could spell trouble for Tsipras and for political unity.

    The son of a former prime minister and member of a well-known political dynasty, the 47-year-old is widely seen as a serious political alternative to Tsipras.

    With the Greek government having seen their majority reduced to three, cross-party political buy-in for reform measures is essential for the successful completion of the first review mission.

    What may prove even more difficult for Greece are the fiscal targets demanded by lenders.

    The EU cannot afford another crisis any time soon.
    main-qimg-c36aa6fca479f2223798f370e21e5550.jpg

    Greece back on agenda as creditors demand pension reforms | Irish Times 14/01/16
     
    Last edited: Mar 13, 2016
  3. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    "Noonan and Howlin risked economic recovery to deliver 'political budget' says EC report"

    The “recovery is threatened by recent decisions which affect the path to sustainable budgetary position”.

    While the budget is “broadly compliant” with EU fiscal rules, there are risks of some deviation from the appropriate adjustment path, they say.

    That improved tax revenues are driven by “better than expected if volatile corporate tax receipts”, while increases in spending were permanent.

    Budget 2016 “could have been more supportive of growth”.

    On the spending side, the commission concludes that raising public sector pay and increasing a range of social welfare payments “could have been better targeted”.

    The commission says reducing the USC and postponing the self-assessing of property values “undermines the sustainability of revenue in the medium term”.


    LEHMAN-master675.jpg

    Noonan and Howlin risked economic recovery to deliver 'political budget' says EC report | Irish Examiner
     
    Last edited: Mar 13, 2016
  4. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    In November, the ECB told Novo it would indeed need to raise some €1.4 billion in fresh capital which the bank initially said would come from asset sales.

    A little over a month later, Portugal’s central bank essentially just gave up.

    On December 29, the bank announced it was transferring €2 billion in NB senior notes back to Banco Espirito Santo which, like a ghost skyscraper in China, is set for demolition.

    In other words, Novo Banco plugged the €1.4 billion hole by essentially declaring €2 billion in bonds null and void.

    Eurozone_Breakup_image.jpg

    http://newzsentinel.com/creditors-ac...-bank-bail-in/
     
    Last edited: Mar 13, 2016
  5. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    zerohedge
    tyler_bigger.jpg
    @zerohedge

    GOLDMAN SACHS TO PAY $2.385B CIVIL MONETARY PENALTY

    Goldman%20Europe%20Old.jpg
     
    Last edited: Mar 13, 2016
  6. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    [font=Tahoma, Calibri, Verdana, Geneva, sans-serif]zerohedge ‏
    tyler_bigger.jpg
    @zerohedge 
    Yesterday

    The Shanghai Composite has wiped out all gains from China's state-rescue campaign. The National Team has failed[/font]
     
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  7. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    Instead of dissolving the EZ & EU sensibly the Eurocrats kept it all together & attracted Islamoterrorists through Porous Borders...

    Horrifying CCTV shows moment woman in a headscarf tries to stab teen, 15, on London bus

    A TEENAGE boy was saved from a savage stabbing on a daytime bus - by his hero NAN.

    Kangaroo-Knifer-London-stabbing-634962.jpg

    Bus-stabbing-south-London-Boxing-day-438927.jpg
    The attacker is described as an Asian woman aged between 20 and 30 who wore a distinctive headscarf with a kangaroo print.

    Horrifying CCTV shows moment woman in a headscarf tries to stab teen, 15, on London bus

    Will the Goldman Sachs/European Union Rapefactory insist we wear "Stab Vests" next to allow the Islamoterror Cell Minorities to uphold their Cultural Rights? :mad:

    or maybe it will be "Anger Management Classes for ISIS"... :rolleyes:
     
    Last edited: Mar 13, 2016
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  8. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    Last edited: Mar 13, 2016
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  9. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    Bank bailout debt costing State €1.6bn a year


    1. €41bn of national debt associated with cost of rescuing financial sectorThe annual cost of servicing the debt associated with the financial sector bailout in Ireland in 2008 is estimated at about €1.6 billion, according to figures provided by Minister for Finance Michael Noonan.This is from an expected cost of €8 billion to service Ireland’s sizeable national debt this year.Bank bailout debt costing State €1.6 Bn per year | Irish Times | Mon, Jun 16, 2014, 01:00
     
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  10. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    €41bn of national debt associated with cost of rescuing financial sector

    The annual cost of servicing the debt associated with the financial sector bailout in Ireland in 2008 is estimated at about €1.6 billion, according to figures provided by Minister for Finance Michael Noonan.

    This is from an expected cost of €8 billion to service Ireland’s sizeable national debt this year.
    Goldman%20Europe%20Old.jpg

    00051425-970.jpg

    Bank bailout debt costing State €1.6 Bn per year | Irish Times | Mon, Jun 16, 2014, 01:00
     
    Last edited: Mar 13, 2016
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  11. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    Last edited: Mar 13, 2016
  12. Youngdan

    Youngdan Moderator Staff Member Moderator Political Irish Donator

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    They will accept anything except reality
     
  13. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    This will be the Doomporn - EZ/EU Routine Financial Armageddon/"New Norm" Thread.

    "The Invasion of Europe" thread I will use for Routine Migration Outrages.

    "The Defeated EU" Thread will be for the heaviest aspects of all the Crises & disputes which have the Vile EU at the Cliff's Edge   :p
     
  14. Madam

    Madam Well-Known Member Political Irish

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    Im sure there are many threads on P.ie like yours that were good and sound, full of knowledge but the mods allowed them to be derailed and destroyed by the idiot brigade that loved posting pictures of squirrels.

    Well done D4, you posted the truth and unfortunately it looks like the truth is finally coming out, you deserve an apology fro those idiots on P.ie.
     
  15. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    I put a lot of stupid pics of Bruno Ganz as Hitler in Downfall etc too but this is to literally terrorise the Rapefactory.

    The Goldman Sachs / EU Rapefactory employ trolls to see what is being posted & report back to the Rapefactory.

    Every time they see my damaging revelations it comes complete with a repeated traumatising picture & thus I get to double punish the Rape Factory...
     
  16. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    Should have dissolved the Euro stoopid.... action-smiley-041.gif

    German finance minister proposes EU-wide petrol tax to pay for refugee crisis

    Wolfgang Schaeuble gave no details on how high the extra levy on petrol should be, but said it would pay for costs such as securing Schengen's external borders

    CS1789862-02A-BIG.jpg

    ]http://www.telegraph.co.uk/news/wor...wide-petrol-tax-to-pay-for-refugee-costs.html

    This is what happens when you play around with Toxic Derivatives to sustain "Welfare Wonderlands" - you create an alluring illusion of wealth & attract unsustainable population surges... action-smiley-063.gif


    German%20GDP%20vs%20DB%20Derivatives_1_0.jpg

    "Rapegang Shakened-up" won't give Details of how Deustche Bank are going to pay their €55.6 Trillion Debts either [​IMG]

    [​IMG]The Brits will be real Pi$$ed at the idea of Paying for Merkel's Mania - Thanks! [​IMG]

    [​IMG]

    [​IMG] [​IMG]
     
    Last edited: Mar 13, 2016
  17. Rick

    Rick Site Admin Staff Member Site Admin Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    Ireland got lucky so far with all time low debt interest, wait till the jobs start to go again!
     
  18. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    This won't help Merkel either...

    LEAVE.EU@LeaveEUOfficial


    The EU has failed to conclude free trade agreements with any of the top 10, non-EU economies in the world. #LeaveEU

    CY3Q2OtWsAAxh1b.jpg Britain Elects@britainelects

    "David Cameron should stop accepting refugees coming into the UK from Syria":
    Agree: 61%
    Disagree: 23%
    (via ComRes)
     
    Last edited: Mar 13, 2016
  19. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    RE: Brendan Keenan's "Bleak Omens" for Europe!

    These Brexit guys are going to stimulate a lot of Anti EU Activists & Voters all over Europe  CY3znQ1WYAAdnK6.jpg
     
  20. OP
    Dublin 4

    Dublin 4 Posting Legend Political Irish

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    Now sharp shooting International Economists are openly kicking Merkel around

    Mike Shedlock
    lDILBQSK_bigger.jpg
    @MishGEA
    EU's Farcical Plan to "Quasi-Automatically" Redistribute Refugees http://goo.gl/fb/kuqUta


    Time to be Realistic

    By all means, let's be realistic. And honest.

    • Hungary, Slovakia, the Czech Republic and Romania have refused to go along with relocation plans despite being obliged to do so.
    • 2,000 to 4,000 refugees arrive every day. Assuming the lower bounds, that's 60,000 every month, 180,000 or so every three months.
    • Assuming quasi-automatic redistribution will achieve a 100% success rate, up from zero (0.17% to be precise), within three to four months, new refugees arriving will exceed those relocated.

    And how is this quasi-automatic redistribution supposed to work?

    No one has stepped up to the plate to explain how, or what happens when various countries refuse to participate.

    It's magic.

    Mike "Mish" Shedlock

    shield.png
    Mises Institute


    Mike Shedlock

    From Mises Wiki, the global repository of classical-liberal thought

    Mike "Mish" Shedlock is an American investment advisor and financial commentator. He operates the blog MISH'S Global Economic Trend Analysis and believes in the Austrian School of economics.

    Shedlock is an avid supporter of Ron Paul and other libertarian-leaning political candidates.[3] He sides with Murray Rothbard and believes fractional reserve lending is inherently fraudulent, concluding that "[t]he case is irrefutable."

    On July 10, 2007 Shedlock called the top of the stock market suggesting that "the current trend is exhausted,"[5] missing the actual top by 3%.



    Mish Citations




    New York Times

    NYT 10th Annual Year in Ideas - #1 Idea of the Year 'Do-It-Yourself Macroeconomics'



    Time Magazine
    Best 25 Financial Blogs


    Bloomberg
    Financial Blogs: The Best of the Bunch



    CNBC
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    st Alternative Financial Websites


    Strategist News
    Best Business Blogs 2011


    action-smiley-069.gif Nitey Nitey Doomporn Junkies sleeping-smiley-009.gif
     
    Last edited: Mar 13, 2016

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