Months After Welcoming 100,000 Refugees To The U.S. John Kerry Warns Migrants Pose An “Existential Threat” To Europe
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / by Tyler Durden on 02/15/2016 16:24
How quickly the official narrative changes.
Just several months ago, in October, we reported that the now-rattled largest European bank, Deutsche Bank, boosted its forecast for German 2016 GDP to 1.9% from 1.7% saying that “although the external and the financial environment have deteriorated we have lifted our 2016 GDP call… drivers are stronger real consumption growth due to lower oil prices/stronger EUR and the surge in immigration.”
Little did DB know that crashing oil and commodity prices would lead to existential concerns about its own viability manifesting in a record blow out in its subordinated DB CDS, a record plunge in its stock price and ever louder comparisons between Deutsche Bank and Lehman Brothers. As for the boost to German GDP from the influx of refugees, maybe DB had in mind the soaring pepper spray sales following the infamous Cologne New Year’s “celebration” events.
But even prior to that, on September 18, in an editorial piece the NYT wrote that “Europe Should See Refugees as a Boon, Not a Burden” and goalseeked its liberal conclusion as follows:
The post Months After Welcoming 100,000 Refugees To The U.S. John Kerry Warns Migrants Pose An “Existential Threat” To Europe appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/15/months-after-welcoming-100000-refugees-to-the-u-s-john-kerry-warns-migrants-pose-an-existential-threat-to-europe/
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