Harvey Organ: Total Implosion of Credit Default Derivatives Looms on Sunday’s GREXIT Vote!

SilverDoctors.com
January 25, 2015

Friday we witnessed another rout in the Euro. At one time early this morning it was trading in the 1.11 handle. It closed at 1.1201. The latest polls indicate that the Syriza party will win the Greek election on Sunday and the party claims that they are not responsible for any commitments promised by the previous government.
If they leave the Euro, then this will create complete chaos for the ECB and various banks that have lent money to Greece together with the total implosion of credit default swaps underwritten by the big USA banks (and Deutsche bank) on the health of Greece.

The Rest…HERE

This entry was posted on Sunday, January 25th, 2015 at 1:48 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.