Follow the eurozone crisis as it unfolds with this quick guide to key dates, developments, and investment implications.
So says Russ Koesterich (http://isharesblog.com) in his guide to the eurozone crisis which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) is pleased to present below. This article must be included in any article reposting to avoid copyright infringement.
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*http://isharesblog.com/blog/2012/06/14/eurozone-watch-infographic/ (To access the above article please copy the URL and paste it into your browser.)
Related Articles:
1. IMF’s Lagarde Warns: European Leaders Have 3 Months to Save the Euro!
As the focus of the euro crisis shifts to Italy, IMF head Christine Lagarde has warned that European leaders have less than three months to save the euro. Meanwhile top economist Nouriel Roubini has called on Berlin to drop its obsession with austerity, proposing that the German government give every household a 1,000 euro [$1,250 US equivalent] voucher to spend on a vacation in Southern Europe. Words: 990
2. PMI Data From Europe Shows Business Activity at Lowest level Since 2008/9 – What’s Next?
The Markit PMI data from Europe shows still more deterioration led by France, Italy, and Spain. Let’s take a look at a few countries.
3. European Union Will Collapse Before the End of 2012: This is NOT Doom & Gloom – This IS Reality!
[The European Union] will collapse before the end of the year and very likely before the end of the summer. When this crisis hits it will be worse than 2008 and the world Central Banks will not be able to control the damage. What makes this time different are several items: [Let me explain]. Words: 14004. The Euro System is Doomed and the End Will Look Like This
In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them. [Let us explain why that is the case and how it will come about.] Words: 680
5. Here’s the “No BS” Situation with Europe – and Its BAD!
The media is rife with misrepresentations and analysis of the EU. Here’s the real deal, no BS situation with Europe – and its BAD! Words: 900
6. Why & How the Euro Came About and What the Future Holds
Introduction: “The crisis in the eurozone is the result of France’s persistent pursuit of the “European project,” the goal of political unification that began after World War II [with the hope] that a political union, a United States of Europe similar to America’s, would…prevent the types of conflict that had caused three major European wars…[and] also make Europe a power comparable to the United States, and thereby give France, with its sophisticated foreign service, an important role in European and world affairs.” [What went wrong and what does the future hold?]
7. Simone Foxman: “The Eurozone Crisis For Dummies”
Worries about an economic catastrophe in Europe are heating up again, and dramatic forecasts about doom are popping up everywhere. What’s important? How did we get here? Let’s put this all in perspective. Words: 2356
8. Nigel Farage: The Only Way to Avoid a Depression Is a Break Up of the European Union
We still don’t have many political voices [in the European Union] that have the courage to say, ‘We’re headed for the rocks, and before we hit the rocks, let’s take a different course. Let’s try to break this thing up peaceably, before it ends in disaster….The establishment always supports the status quo…but actually, I think the only way we can avoid a depression is to break this (the EU) up.
9. Graham Summers: Collapse of Europe is Guaranteed! Here’s Why
I continue to see articles in the media claiming that Europe’s problems are solved. Either the folks writing these articles can’t do simple math, or they don’t bother actually reading any of the political news coming out of Europe [so let me present 3 data points that guarantee Europe will collapse at some point in the near future]. Words: 722
10. Kunstler: Wake up, Sleepyheads! Things are Heating Up
Europe may soon be choking on that plat du jour of government a la Hollandaise with the side of chopped Greek salad. The whole world, in fact, has got something like a giant hairball stuck in its craw. The hairball is composed of filaments of lies wound over a core of supernatural indebtedness. The lies are promises that the debt will be paid back. Words: 710
11. Germany Could Initiate the Collapse of the European Union Within Months – Here’s Why
As many of you know, my primary forecast regarding Europe is that the EU will be broken up and/or collapse within the coming months. The reasons for this are financial, monetary and political in nature [with much of the latter dependant on what happens in Germany. Let me explain.] Words: 516
12. Europe is Heading Off a Financial Cliff! Here’s Why & How to Protect Your Portfolio
Europe is heading off a cliff! From one end of the continent to the other, the numbers suggest a double-dip recession is striking with brutal force…and with the world as interconnected as it is these days, what happens in Europe WILL impact our companies and markets here so now is the time to position your portfolio to weather the storm. Words: 900
13. This Picture of European Economic Reality is Worth 26,911 Words – Take a Look
The European economic situation is explained very simply in the illustration below. Take a look.
14. OECD’s Composite Leading Indicator Suggests Economic Weakness Spreading to China and India
PARIS (Reuters) – There are signs that the economies of two of the world’s leading emerging powerhouses, India and China, are starting to falter, while Europe continues to be handicapped by its debt woes according to a recent report by the Organisation for Economic Co-operation and Development (OECD). [Here are some of the pertinent data.] Words: 250
15. Government Can’t Prevent the Next Financial Diaster – Here’s Why
Even as I write these words, the world’s largest economy — the E.U. — is coming unglued at the seams, the world’s second largest — the U.S. — is careening headlong toward a fiscal cliff that promises to gut its GDP, nearly all of Asia — including Japan, China and India — is slowing…and yet most investors still don’t get the message. [Let me go on to explain just what that message is.] Words: 1357
16. What Would the Consequences Be If Greece Exited the Eurozone?
Given what is going on in the Eurozone – particularly with reference to Greece and Spain – but also with reference to France, Italy, Portugal, and the Netherlands, things seem to be increasingly spinning out of control. Should Greece exit the Eurozone there will most certainly be contagion issues arising which will be important to you whether you invest in the financial markets or not. Let’s take a look at them. Words: 502
17. What Will the Financial Repercussions Be If Greece Defaults or Leaves the Eurozone?
I want you to understand the gravity of what Europe is facing; Europe has BET THE FARM and the croupier is about to roll the dice. We are all facing a momentous instant in time and all of the noise in the background is quelled by the showman announcing the main event. Let’s Roll! Words: 625
18. Graham Summers: Spain Has Brought Europe to the Point of NO Return – Here’s Why
Spain is a catastrophe [of major proportions and] to fully understand [why that is the case] we need to understand Spain in the context of both the EU and the global financial system. [Once you read what I outline below you will more fully understand why] I believe that the EU in its current form is in its final chapters. Whether it’s through Spain imploding or Germany ultimately pulling out of the Euro, we’ve now reached the point of no return: the problems facing the EU (Spain and Italy) are too large to be bailed out! Words: 1345
19. The Coming Crisis in Europe Will Result in a MAJOR CRISIS in the U.S.! Here’s Why
In this article I lay out precisely why the coming Crisis in Europe will be THE Crisis I’ve been forecasting for the last 24 months, why it will have dire consequences on the U.S. and why the Fed can do absolutely nothing to stop it this time round. Words: 1334
20. Alf Field’s 7 “D’s” of the Developing Disaster Revisited
When the supply of something is increased sharply relative to demand, the value of that commodity will decline. If the supply continues to increase rapidly and indefinitely, then that item will become worth less and less, with the potential to finally become nearly worthless. This is the Developing Disaster facing the US Dollar and the world. This is the factor that could become the single most important criterion in investment allocation decisions and possibly even for individual financial survival…[Let me explain this further by reviewing the 7 major problems facing the U.S. (and thus the world) and how they all will lead to problem #7 – devolution.] Words: 1520
21. Where Is This Unprecedented Global Financial Crisis Headed? A Retrospective from Alf Field