Thursday, 10 May 2012 03:57

China Stops Buying European Gov't Debt on Crisis Concern

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 “It’s probably not surprising that the Chinese authorities are looking elsewhere for investment. Other investors in other parts of the world will be very cautious about European debt at this moment.”

-- It's game over for infinite growth and the world economy. The whole house of cards has been supported by the continuing purchase and repurchase of debt. Greece has already fractured the EU and this will kill every other European government as fascism and violence erupt across the continent this summer. The only advice I can give now is to take cover. -- MCR

Bloomberg article

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