ECB Panics, Tells
Banks to Stop Converting to Dollars, by Martin Armstrong, 8/15/18.
The European Central Bank is instructing banks
to restrict the conversion of Euros to dollars. The Euro has fallen to 113006.
Once again, the dangerous game here is when we cross that line of demarcation
between CONFIDENCE in government and the REALIZATION that there is nobody in
control but the free markets. Once all the talk and all the promises are no
longer considered to be worth listening to, that is when the monetary crisis
begins to really shake the foundations. We are moving closer to that point of
no return.
The truth always comes from the mouths of babes. In the case of
politicians, it is the new one who comes to power and has not yet learned the
tricks of the trade. In this respect, Italy has spoken the truth. The ECB has
had the Eurozone on life-support. They cannot pull the plug without the
collapse of the Euro and with that, lies the jobs in Brussels. This is why they
will become draconian and attempt to outlaw selling the Euro all to maintain
their jobs. They will lose. The free markets ALWAYS win!.
Norb Leahy, Dunwoody
GA Tea Party Leader
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