Dreams Fading In America And Europe

We announced our belief a few weeks ago that the Fed loan to the ECB could with fractional banking be $10 trillion. This past week we found that Credit Suisse shares our ideas as well. We believe that what this move by the Fed and the ECB is telling us that this is probably it. Parts 2 & 3>>
We also ask again how can the banks in the LTRP repay the funds in a timely manner? No plan has been presented before or since, there is no plan. Again, just throw money at the problem. The only player really capable of saving Europe is Germany and they would destroy themselves in the process. Everyone should have seen this coming but no one did except a handful of insiders. The resultant use of funds since the ECB distribution is hardly even mentioned in the media. It is a big dark secret.

Will Germany want to rescue France or will France want to be rescued? We say it depends in part who the next president of France is in May. Based on current polls the socialists lead, but it is a very tight race. If Sarkozy loses in the primaries it will then depend on whether the conservatives throw their vote to Marine Le Pen and FN, something the conservatives have never done before. One thing is for sure if either the Socialist or the FN win the euro is history and perhaps the EU as well. We watched this years ago when the conservatives threw almost all their votes to the Socialists. This time it could be different.
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