SNIP
The US dollar is hitting new 12-year highs almost daily, while the euro seems to be plunging inexorably to below dollar parity. Currency movements are often described as the most unpredictable of all financial variables; but recent events in foreign-exchange markets seem, for once, to have a fairly obvious explanation – one that almost all economists and policymakers accept and endorse.
French President François Hollande, for one, has ecstatically welcomed the plunging euro: “It makes things nice and clear: one euro equals a dollar," he told an audience of industrialists. But it is when things seem “nice and clear" that investors should question conventional wisdom. A strong dollar and a weak euro is certainly the most popular bet of 2015. So is there a chance that the exchange-rate trend may already be overshooting?
In one sense, the conventional explanation of the recent euro-dollar movement is surely right. The main driving force clearly has been monetary divergence, with the Federal Reserve tightening policy and the European Central Bank maintaining rock-bottom interest rates and launching quantitative easing. But how much of this divergence is already priced in? The answer depends on how many people either are unaware of the interest-rate spread or do not believe that it will widen very far. "
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http://www.zerohedge.com/news/2015-03-18/how-far-will-euro-fall The problem with the Greek default is that some European banks have bought Greek bonds for the value of many dozens of billions . This will translate into losses of capital for the greedy banks . This charade illustrates that the IMF and BCE am EU ( the Troika ) policies of giving more money to a country that already cannot repay existing debts is pure idiocy . More money lent = more debt .
So if there is going to be a Greek default , this will have repercussions and could start a chain reaction of failures . Already the Deutsche Bank is in trouble with derivate debt to the tune of 75 TRILLION dollars .
The EU wants the Greet population to act as slaves to pay a debt impossible to repay and so keep the EU banks from failing . We have almost returned to the Middle ages with the prospect of an entire population
been reduced for generations to slavery .
The EU clearly is incapable to understand that if a country is bankrupt , cannot repay its debt .
There is a certain amount of blame in this caper for the corrupt greek politicians , but also to the EU politicians who persisted ,in trying to keep Greece in the EU , in giving impossible loans to a country with proven incapacity to repay such an extravagant burden .
Then there is the continuing scandals of outright daily robbery by the banks using LIBOR , FOREX and the rigging of the prices of precious metals that has been going on for decades .
Finally there is the fraud of the EURO = ink printed toilet paper with no intrinsic value .
All those things point to systemic failure , the system based on FRAUD is finally falling apart .
Who has the possibility should do well in buying some silver coins and gold coins .
a radiation storm level 2 
