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EUROPE collapse in 2012

The EU has come to no agreement in Brussels on – December 9th 2011
No treaty changes – other than a treaty within an existing treaty. British say NO
Of 27 country’s 17 say NO to a new treaty agreement.

European leaders seems to be focusing or not focus on the real problems
but want to misdirect attention to legal documents rather than important issues
The reason – They cant – they know the games up and its just a matter of time before the collapse of the EURO and the EU.

Italy in trouble – Spain in huge fiscal trouble
German banks and French banks in huge trouble – stress tests not met
English banks in trouble – balance sheets fall short – Lloyds and others
may need to be nationalized.

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