Quote from: thejaytiesto on April 12, 2016, 03:34:46 PM

Quote from: Pab on April 09, 2016, 07:27:21 PM

EU banks are crashing in silence untill some time whan it will explode
Not only German but itaian,spanish,french very much,dutch
thay are all related,but if will brexit will be euroexit also
Euro currency has to fail EU needs reforms all will crash

US is not any better, just because they have a ton printed money doesn't mean their economy is recovering. In essence the entire system is fucked, no one trust it anymore and it's getting worse as more and more people that was giving lessons on morality end up being exposed as people that had offshores accounts. No one wants to pay taxes and people is tired of getting robbed. Bitcoin and gold are the only winners in the long term.

Yes, it´s the confidence that is actually cracking. It´s one big confidence game. Confidence is the foundation.

When the trust in governments and banks starts to fail as we´re seeing happening now and will be seeing more of, well that´s probably the beginnings of a collapse. How it will develop and when exactly it´ll happen is impossible to tell but it seems extremely likely in the near future, maybe in the next couple years. But then again it could happen later this year. There are other cards in play, war terrorism and more, which could influence this.