Bankrupt Britain Pulled Down with EU Disintegration

February 15, 2010 (LPAC)—Robert Mazzuoli, chief analyst at the Landesbank Baden-Wuerttemberg (state bank, LBBW) in Germany, is quoted in yesterday's German media as having warned that the option of driving Greece out of the euro to protect the eurozone would not work, "because there is no middle-of-the-road approach." It's either a full sovereign default, or a full bailout, and a Greek default would, he added, not only pull down the other "PIIGS" states immediately, but also the highly indebted Great Britain (!), and the rest of the EU thereafter.
This only goes to the point of what Lyndon LaRouche has said, that the crisis in Europe lies in the bankruptcy of Banco Santander, and its affiliates. The entire British financial system is bankrupt. LaRouche has demanded that the euro must be eliminated, and replaced with soverign currencies, with a global Glass-Steagall standard. That is the only solution to the crisis in Europe.

http://savethepeopleoficeland.com/

# 4,143:

11:45 am PST, Feb 14, Graham Cushway, United Kingdom
Icelanders being made slaves would be pretty funny, but I agreed to sign this for a friend of mine so here it is.

THE FALL OF THE HOUSE OF WINDSOR

Carroll Quigley: Our Tragedy and Their Hope. MUST SEE !