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Prepare for Riots in Euro Collapse

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This is getting serious:

 

http://www.telegraph.co.uk/news/politics/8917077/Prepare-for-riots-in-euro-collapse-Foreign-Office-warns.html

 

A senior minister has now revealed the extent of the Government’s concern, saying that Britain is now planning on the basis that a euro collapse is now just a matter of time.

 

“It’s in our interests that they keep playing for time because that gives us more time to prepare,” the minister told the Daily Telegraph.

 

Recent Foreign and Commonwealth Office instructions to embassies and consulates request contingency planning for extreme scenarios including rioting and social unrest.

 

#####

 

Analysts at UBS, an investment bank earlier this year warned that the most extreme consequences of a break-up include risks to basic property rights and the threat of civil disorder.

 

“When the unemployment consequences are factored in, it is virtually impossible to consider a break-up scenario without some serious social consequences,” UBS said.

 

 

When a currency collapses, economic coordination is impossible in the interim period (until a new currency takes its place). During this time, there will be mass-anger, mass-unemployment, and mass-loss of savings.

 

"Retirement" will become impossible for millions of people.

 

And in the US, the government is already preparing for the collapse:

 

http://www.aclu.org/blog/national-security/senators-demand-military-lock-american-citizens-battlefield-they-define-being

 

  • Author

[ame=http://www.youtube.com/watch?v=4L9na3NuwC8]'America will collapse' - YouTube[/ame]

 

[ame=http://www.youtube.com/watch?v=W6YymydAen4]Detlev Schlichter on Sky News with Jeff Randall - Paper Money Collapse 5th Oct 2011 - YouTube[/ame]

  • Author

http://www.ft.com/intl/cms/s/0/d9a299a8-1760-11e1-b00e-00144feabdc0.html#axzz1f1bkYk00

 

I have yet to be convinced that the European Council is capable of reaching such a substantive agreement given its past record. Of course, it will agree on something and sell it as a comprehensive package. It always does. But the half-life of these fake packages has been getting shorter. After the last summit, the financial markets’ enthusiasm over the ludicrous idea of a leveraged EFSF evaporated after less than 48 hours.

 

Italy’s disastrous bond auction on Friday tells us time is running out. The eurozone has 10 days at most.

  • Author

[ame=http://www.youtube.com/watch?v=vGQIxYfKKtc]The gathering storm - YouTube[/ame]

  • Author

[ame=http://www.youtube.com/watch?v=yKaBSp18u2c]Hitler hears about the eurozone downgrade - YouTube[/ame]

 

Lulz.

  • Author
And to all the chatterboxes on CNBC repeating ad inf that a Eurozone collapse would be "manageable" here is a person who actually knows what he is talking about: "“How do you control an explosion in a controlled way?” Fiat SpA (F) Chief Executive Officer Sergio Marchionne told reporters in Brussels on Dec. 2. “That’s a contradiction in terms. This will be an implosion of some size with potentially disastrous consequences." He is right, and while the outcome is certain, it will not stop Europe's financial leader Germany from intervening in an attempt to prevent a surge in Deutsche Marks once the currency returns, and will likely set up capital control measures - that last bastion to every failing monetary system - to halt what is sure to be a record inflow of post-collapse DEM appreciating capital.

 

(From ZeroHedge blog)

Thanks for posting all this i actually like to read it. its very scary

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