Will France be the next domino to fall in the eurozone debt crisis?
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Source: The Future of Public Debt, Prospects and Implications, BIS Working Paper 300, March 2010. Note that the BIS figures use gross rather than net public debt.
247bull.com / By Ben Mountifield / August 15th, 2012
While other nations within the eurozone are doing their best to back away from the fiscal cliff, France is accelerating towards it. As a result it’s looking more and more likely that France will be the next domino to fall in this on-going crisis.
If France doesn’t alter course it could quickly find itself in the same position as Greece and Spain, i.e. unable to fund its profligate lifestyle, and this would surely be the decisive blow that breaks the eurozone apart.
Is France the next Greece?
The charts below shows the Bank for International Settlements (BIS) public debt projections for France, Greece, Spain and Italy. What’s striking is that the debt outlook for France is significantly worse than that of Spain or Italy, and in fact, is much more closely aligned with that of Greece.
As the BIS points out, “The results plotted as the red line show that, in the baseline scenario, debt/GDP ratios rise rapidly in the next decade… As is clear from the slope of the line, without a change in policy, the path is unsustainable.”
Thanks to BrotherJohnF
2012-08-16 01:06:24
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,708,746,406 |
| Stories: | 8,451,208 |
Whistler Blowers, Insiders
