With the eurozone on the edge of collapse, European Council President Herman Van Rompuy has flown to the United States to get his marching orders. On Monday morning, Treasury Secretary Geithner will meet with Van Rompuy at the Treasury.
I have already reported Geithner's view on the EZ crisis. He believes the European Central Bank should be printing euros, damn an ECB constitution that prevents the buying up of sovereign debt. As Geithner put is at the WSJ CEO Council event I attended, "It's not rocket science [to get around the ECB constitution].
Later in the morning, the Secretary will haul Van Rompuy over to the White House, where Geithner, Van Rompuy, and the President will meet, along with European Commission President José Manuel Barroso, and High Representative Catherine Ashton.
You can be sure that this is about getting everyone in line for the great money printing, since those are the latest indications out of Germany and what the U.S. wants, as Geithner made so clear at the CEO Council event.
EU Summit & FOMC meeting also on the agenda in the month of Dec.
ReplyDeleteOur Owners are going to pump huge amounts of newly counterfeit currency into global equities - Starting today. That is why the little maggot is visiting the Parasites-on-the-Potomac.
ReplyDeleteThey are extracting (creating) trillions of US dollars and sending them offshore in order to prop up Euro debt and equity markets. You will start to see big purchases of equities during a big sell-off just like you have seen it in the US stock markets. The entire world monetary system is just a huge scam of counterfeit money...It is just laughable now. They better put a lot more effort into building their Police States!
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