{"id":9415,"date":"2015-06-25T05:51:44","date_gmt":"2015-06-25T10:51:44","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9415"},"modified":"2015-06-25T05:51:44","modified_gmt":"2015-06-25T10:51:44","slug":"the-u-s-and-eu-will-collapse-regardless-of-economic-contagion","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9415","title":{"rendered":"The U.S. And EU Will Collapse Regardless Of Economic \u2018Contagion\u2019"},"content":{"rendered":"

The U.S. And EU Will Collapse Regardless Of Economic \u2018Contagion\u2019<\/a><\/h3>\n

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In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. When it comes to the EU and its current fiscal turmoil, it is very important to, in some respects, ignore Greece entirely. That\u2019s right; forget about all the supposed drama surrounding Greek debt obligations. Will they find a way to pay creditors? Will they default? Will they make a deal with Russia and the BRICS? Will there be last-minute concessions to save the system? It doesn\u2019t matter. It\u2019s all a soap opera, an elaborate Kabuki theater run by international financiers and globalists.<\/p>\n

It is most important to remember the fundamentals. Greece will default on its debts. Period. There is no way around it. Maybe Greece makes a deal today, maybe it makes a deal tomorrow; but eventually, the country\u2019s ability to stretch out its resources in order to meet its exponential liabilities will end. It is inevitable, and no last-minute \u201cdeal\u201d is going to change the math at the core of it all.<\/p>\n

Why are so many economists so worried about a little country like Greece? It’s all due to a great lie: a dishonest narrative being perpetuated by the establishment that if Greece falls, defaults or leaves the EU, this could trigger a domino effect of other nations hitting a debt wall and following suit. The lie embedded in this narrative is the claim that Greece will cause a \u201ccontagion\u201d through the act of default.\u00a0 Let’s be clear – there is no contagion. Multiple countries within the EU have developed their own debt problems in spite of Greece over the past couple of decades, not because of Greece. Each of these countries, from Italy, to Spain, to Portugal, etc. has its OWN sovereign debt disasters to deal with caused by its own fiscal irresponsibility. The only legitimate reason for a so-called contagion is the fact that these countries have been forced into socialist interdependency through the EU structure.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. And EU Will Collapse Regardless Of Economic \u2018Contagion\u2019 In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. When it comes to the EU and its current fiscal turmoil, it is very important to, in some […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[6703,5993,1860,150,195,200,236,6702,279,284,1167,827,834],"class_list":["post-9415","post","type-post","status-publish","format-standard","hentry","category-economics","tag-alt-market","tag-brandon-smith","tag-brics","tag-collapse","tag-debt","tag-default","tag-economic-collapse","tag-economic-contagion","tag-eu","tag-european-union","tag-greece","tag-united-states","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9415"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9415\/revisions"}],"predecessor-version":[{"id":9416,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9415\/revisions\/9416"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}