Euro Crash. The European Time Bomb.
The Spread beyond Greece, Ireland, Portugal, Spain, United Kingdom, France and finally
Germany.
The euro is a ticking time bomb and the Countdown runs. A currency reform in the near future
is more likely than never. Politicians desperately try to fake financial data and debt, lie to the
people to calm down and cheat.
They fear riots like in Greece and France, or even revolutions like those in North Africa.
Security authorities and intelligence agencies are already warning of civil war-like conditions in
Europe.
© Heinz Duthel 2015
Euro Crash. The European Time Bomb.
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Troubled Asset Relief Program
The 2008-2009 Spanish financial crises are part of the world economic crisis of 2008. In Spain,
the crisis was generated by long term loans (commonly issued for 40 years), the building
market crash which included the bankruptcy of major companies, and a particularly severe
increase in unemployment, which rose to 13.9% in February 2009.
Euro zone 2011 - Euro zone 2015
17 Member States of the European Union use the euro as their currency in 2011