Greyerz - Greatest Financial Collapse The World Has Ever Seen

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/28_Greyerz_-_Greatest_Financial_Collapse_The_World_Has_Ever_Seen.html

“Europe is in a crisis, but they can never decide anything in these meetings.  They might come out with a little package, but in the end it will be irrelevant.  The real package will come out when there is panic.  We shouldn’t even listen to what these politicians are saying today because they are incapable of facing the truth. 

Many countries in Europe are already bankrupt, such as Greece, Spain, Italy, and many others are on the way to bankruptcy such as France, the UK, etc..  In the short-term Europe will hold together.  Longer-term the EU will break up and the euro will disappear, but shorter-term it’s not going to happen.