Do Not Ignore Europe… That Same Crisis is Coming to the US

Sunday, June 28, 2015
By Paul Martin

by Phoenix Capital Research
ZeroHedge.com
06/28/2015

As we have asserted since 2012, the template for dealing with Crises has been laid out in Europe, particularly in the countries of Spain and Cyprus.

That template is:

1) A problem first emerges.

2) Various political and financial officials state that the problem is contained and there’s nothing to worry about.

3) Months later, the market and mainstream media catch on… usually when the problem is already a massive crisis and a bank holiday needs to be declared.

4) Individual investors lose a LOT of money while the same folks who cause the problem A) are not fired, fined or jailed B) never come clean about the full scope of the problem and C) claim that they can solve the problem and have all the answers.

The Rest…HERE

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