“Do not come to Europe. “Do not believe the smugglers. Do not risk your lives and your money. It is all for nothing.”
That’s from Donald Tusk, president of the European Council, and as you can see, one Eurocrat after the other is now set to go full Viktor Orban in an effort to prove, once and for all that Berlin’s grand effort to construct Angela Merkel’s Multicultural utopia has failed. Miserably.
Submitted by John Rubino via DollarCollapse.com,
Inevitable?
Back to the highs...
Dow is back above 17000 for the first time since Jan 6th... (50DMA is 17046)
And S&P breaks above 2000... (breaking the 50DMA at 1999.84)
We wonder what happens when the pre-market stops are run and Europe closes?
Murder Is Washington’s Foreign Policy
Paul Craig Roberts
Washington has a long history of massacring people, for example, the destruction of the Plains Indians by the Union war criminals Sherman and Sherridan and the atomic bombs dropped on Japanese civilian populations, but Washington has progressed from periodic massacres to fulltime massacring. From the Clinton regime forward, massacre of civilians has become a defining characteristic of the United States of America.
Submitted by Simon Black via SovereignMan.com,
Just stunning.
German newspaper Der Spiegel reported yesterday that the Bavarian Banking Association has recommended that its member banks start stockpiling PHYSICAL CASH.
Europe, of course, has been battling with negative interest rates for quite some time.
What this means is that commercial banks are being charged interest for holding wholesale deposits at the European Central Bank.