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THE FULLER PICTURE and Belus
Referring to last night's discussion.....or shall we say 'heated debate'.....can I remind everyone that when elephants collide....The grass gets flattened.
So,if you will allow me to give you a calmer and clearer picture to the situation.
1. China is not a problem, or 'the' problem. It wants the Eu Debt problem sorted.
It will put money in (it has trillions of Euros in Reserve currency) but ONLY into the IMF.
The IMF was founded by the British and NO GOVERNMENT THAT HAS LENT IT MONEY has ever lost it.(Quote from David Cameron,The British PM.)
2. The G20 meeting today was to finalize 'Global Imbalances'.....The restructuring of currencies is a big part of this.
3. Sarkozy, whom is hosting this in Cannes France, was left with a conference that was discussing the Greek Referendum, the Italian problem, the Eu debt crisis, and Berlusconi's hair, as opposed to an historic occasion....Announcing the solving of the world debt crisis. Please note the personality type of many of these leaders and their passion for glory.
He also has an election next year and I believe the U.S has one as well. Thus ALL the 'big guns' for this G20. A depression hung around EVERYWHERE.
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4. So, when ScottyG, Bear, and Okie stated...'Not this week'....many hearts did sink as everyone wants/needs/yearns for this so badly. For many it is life and death.
And that is NOT BEING DRAMATIC.......but they were quoting what they were told by a reliable source.
Over the last number of months,these guys have been excellent sources of 'what is happening'......There was no intent to deflate........The Eu crisis will soon be over.......Greece has been given a 'Take it or leave it' ultimatum...or 'get out'. Something that they do not want to do.
The G20 is now back on track, and the Referendum does not look likely to happen.
5.When Tony and JohnnyWg...and FreewayBill.....stated that their sources said ....'all on track'.........They too, were telling the truth........it is literally any minute...
Please give all these guys some slack...............and remember, 11 days ago, Geithner was to make a speech.....it did not happen....Lagarde was to make a speech....it did not happen....
David Cameron announced that all the details to the debt solution would be announced last week (specifically, Wednesday, at 6.oopm GMT....it did NOT happen.......Obama was to disclose all weeks ago......He didn't.........So they are obviously in the same loop as our main sources........So the next time that you want to take a shot at these honest men........WIND YOUR NECK IN.....
PLAN FOR EVERYTHING TO GO WRONG,AND IF SOMETHING GOES RIGHT,WE'LL FIT IT IN..............
A DAY IS A LONG TIME IN RV WORLD.......THINGS CHANGE.........COOL HEADS PLEASE
****note: 'Lawman' is my 'special' U.K. connection~COME RV!!~Beth******
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