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The Greeks have until February 16th to apply for another bailout. The new Prime Minister says he is not going to do that. If Greece leaves or is pushed out of the EU, then what do the other countries do. Italy Spain and Portugal are on shaky ground. Many in England what out of the EU, and Germany doesn’t want to pay for this mess my itself. I suspect we will know by the end of the month if the EU is going to survive.

It will be interesting to see how the Banksters get themselves out of this one. The economic collapse blog said that approximately 26 trillion of derivatives are at risk. If the derivative market starts falling apart then the whole world economy is headed for the dumpster. How has that problem been solved throughout history? War and lots of it. I believe that will be the solution, not marshal law.