Financial alert: Germany’s Constitutional Court decision either means a rapid Eurozone financial collapse, or inevitable hyperinflation
by Mike Adams
Tuesday, September 11, 2012
The financial collapse of the Eurozone may be upon us. This Wednesday, September 12, the Federal Constitutional Court of Germany must decide whether it is legal for Germany to participate in the financial bailouts of other nations in the Eurozone.
The court has been inundated with tens of thousands of petitions (not just petition signers, but tens of thousands of individual petitions) demanding the court say NO to the bailouts and stop draining Germany’s economy to rescue the failed debt spending of other nations.
Here’s why this matters:
A NO decision means a rapid financial collapse of the Eurozone
If Germany votes NO, then Germany stops bailing out Greece, Spain and other nations on the brink of financial disaster. Sometime in the coming days, weeks or, in the best case, a few months, European nations start collapsing, complete with bank holidays, riots in the streets and almost certainly martial law.
This collapse will, at first, cause a flight of capital to the USA, making the U.S. look stronger in the short term, but given how many U.S. banks are invested in European financial instruments (derivatives), the U.S. banking collapse won’t be far behind.
A YES decision means runaway hyperinflation across the Eurozone