TAKE THIS SERIOUSLY, FOLKS - IT MIGHT TAKE A DAY OR IT MAY TAKE A YEAR, BUT IT'S COMING HERE! CYPRESS BAILOUT ON SAVERS BACKS TO SAVE THE EURO

http://www.telegraph.co.uk/finance/financialcrisis/9952979/Cyprus-bail-out-savers-will-be-raided-to-save-euro-in-future-crises-says-eurozone-chief.html

GREECE MAY BE THE EPICENTRE--BUT THIS IS A EUROPEAN CRISIS

http://www.independent.co.uk/opinion/commentators/john-kampfner-greece-may-be-the-epicentre--but-this-is-a-european-crisis-7857244.html

DOOMSDAY MACHINE - USA ABOUT TO FEEL SHOCKWAVES IF GREECE DROPS THE EURO

http://12160.info/profiles/blog/show?id=2649739%3ABlogPost%3A886225&xgs=1&xg_source=msg_share_post

MERKEL TELLS GREECE TO BACK CUTS OR FACE EURO EXIT - BETTER BUY SOME SHINY STUFF...

http://www.telegraph.co.uk/finance/financialcrisis/9265930/Merkel-tells-Greece-to-back-cuts-or-face-euro-exit.html

RON PAUL ON DESTABILIZATION OF THE DOLLAR AND THE EURO

http://paul.house.gov/index.php?option=com_content&view=article&id=1932:euro-crisis-destabilizing-the-dollar&catid=62:texas-straight-talk&Itemid=69

THE DAILY BAIL IS SO FULL OF OUTRAGEOUS STORIES THAT YOU NEED TO GO AND TAKE A LOOK BECAUSE

http://dailybail.com/

For starters, Bernanke wants to bail out Europe, (there's going to be a global dollar free for all) and he doesn't know which of the foreign banks the Feds $500 billion went to.

And other tasty delights!

Here's another that should be wearing stripes.

Global Elites Panic Over Euro Collapse

http://www.prisonplanet.com/bilderberg-2010-globalists-panic-over-euro-collapse.html

Euro's collapse inevitable...

http://moneynews.com/Headline/greece-euro-collapse-dollar/2010/02/15/id/349903?s=al&promo_code=9752-1

Dangerous weakness of EU states threaten euro zone

http://www.dailymail.co.uk/news/worldnews/article-1246838/Dangerous-weakness-EU-states-threaten-euro-zone-Germanys-economy-minister-warns.html

That doesn't sound like great news...

The Euro is in trouble as big economies falter

http://moneynews.com/Headline/Euro-Trouble-BigEconomies-Falter/2009/12/22/id/344337?s=al&promo_code=9408-1

From the Casey Report - The USD vs the Euro

Currencies and Economic News

In the currency market, the dollar slipped further against the euro, falling below the $1.30 mark. Late Tuesday, the euro was trading at $1.3013 vs. $1.2905 on Monday.

Traders reacted with disdain for the Fed’s latest inflationary move, a plan under which it will lend up to $800 billion to support the issuance of debt backed by consumer and small-business debt -- such as credit-card loans, student debt, auto loans and loans backed by the Small Business Administration.

“The Bush administration … has now made a colossal announcement aimed at putting a bottom in the asset market,” wrote Kathy Lien, of Global Forex Trading. “For investors that have been concerned about the funding crisis, this is an even bigger reason to sell dollars,” she said, noting it will cause the Fed's balance sheet to balloon to $3 trillion.

Nor were the day’s hard numbers encouraging, with the Commerce Department saying the U.S. economy contracted at a 0.5% annual rate in the third quarter, worse than the negative 0.3% estimated a month ago. The GDP revision was largely due to weaker consumer spending.

And Standard & Poor's said its Case-Shiller index of home prices in 20 major U.S. cities dropped 1.8% in September from August, and has fallen a record 17.4%, year over year.