“What we’re seeing is the real end game.  We’re coming to the end of government’s ability to borrow money to fund current spending that’s beyond the growth of their economy,” says best selling author and financial advisor John Mauldin. Although he believes things will unfold in two or three years (who can predict collapse, it just sort of happens), he’s rightly concerned about Europe first. The reason? Debt. No matter how you slice it, you can’t restructure something after a while, you have to claim bankruptcy. That’s where we are.

“Debt has been renegotiated, it’s been printed, defaulted upon, restructured.  There are all sorts of ‘re’ words we talk about, but it’s default by another name.  It’s what happens if you as an individual have more debt and you have more than you can possibly pay, you have to restructure something or file bankruptcy,” he said.

Further, he adds, Western governments are broke. There’s no way they can borrow more or finance their obligations because it doesn’t have the ability. Though he claims it will be a volatile ride, Mauldin doesn’t specify how it will unfold, but he remains cautiously optimistic. “I don’t see this as negative in the longer-term,” he says. “It’s still going to be a bumpy ride for the markets.  It’s certainly going to be (an interesting) ride for the business as usual crowd.”

Story is HERE.

I’ll take it one step further, not only should there be room for optimism once Rothschild slave banking collapses, there will be real hope. Economies depend on resources and people. We have plenty, but we are currently being led by a bunch of criminal bank slaves, whose bank masters are actually controlled by bigger puppet masters who want to doom us into financial and military oblivion and keep us in an eternal cycle of debt slavery. Once the control is lifted and removed, the economies will roar back, because the cancer that we call leadership currently will be removed.

Further, no matter what last minute panic attempts by PASOK to form a desperation led and fear fueled “Greek government” with New Democracy, Europe is done. The writing is on the wall. Analyst after analyst (which I would usually completely disregard since they repeatedly get things wrong) can see no solution under current circumstances of fixing the eurozone problem, and the only thing the Rothschild bank slaves can do is answer back with government that’s less popular but has repeatedly failed them. You don’t need to understand finance extensively to understand that what’s currently occurring is insanity, and it won’t fix the fundamental financial and political problems that are obvious.

They’re broke. Yes, the criminal bankers are broke. Do the math. As to the timing, who knows? Quite honestly, collapse of an entire system that’s been in place for longer than most can imagine doesn’t happen immediately, but it is happening. It’s all around us.

Remain optimistic but wise to the ways of things around you.