Paul B. Farrell: EU bank failures will crash Wall Street — again

[marmar]

By Paul B. Farrell, MarketWatch


SAN LUIS OBISPO, Calif. (MarketWatch) — Worst-case scenario’s closing fast: Occupy Wall Street growing. But no political power or allies yet. Feared yes, attacked by GOP proxy tea party. Soon the Occupation will explode into a new American Revolution.

When? A string of European bank collapses is dead ahead. And like the Arab Spring, they will trigger an economic disaster for American banks.

Yes, coming soon says Martin Weiss in his “7 Major Advance Warnings,” which is “bound to have a life-changing impact on nearly all investors in the U.S. and around the globe.” His new Weiss Ratings warnings are the “most important” in a 40-year career. The stress on Wall Street banks will force them back to Congress for more bailouts.

Warning eight: No new bailouts. That will push the economy into a deep recession. ............(more)

The complete piece is at: http://www.marketwatch.com/story/eu-bank-failures-will-crash-wall-street-again-2011-10-18

[tama]

1. The Wall is breaking

and life will flow and flourish.

[xchrom]

2. recommend

[Demeter]

3. So, can we get it over with?

I'd like to enter the holiday season WITHOUT this hanging over our heads.

Also, the sooner the collapse, the sooner the rebuild of something better for us 99%ers, and the less damage to the infrastructure.

[banned from Kos]

4. This clown doesn't know about the Euro Financial Stabilization Fund?

They have their TARP all lined up.

[marmar]

5. And almost everyone knows it's woefully inadequate.

nt

[Locrian]

6. so wtf?

"Listen closely: Weiss final warning to all investors: “Get all or most of your money out of danger immediately … above all, stay safe!”"

Ok - SO HOW THE HELL DO I DO THAT?!!